24 CFR Part 3500, Appendix MS-1 to Part 3500

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There is 1 rule appearing in the Federal Register for 24 CFR 3500. View below or at eCFR (GPOAccess)
View PDF at GPO Pt. 3500, App. MS-1
Appendix MS-1 to Part 3500
[Sample language; use business stationery or similar heading]
[Date]
SERVICING DISCLOSURE STATEMENT NOTICE TO FIRST LIEN MORTGAGE LOAN APPLICANTS: THE RIGHT TO COLLECT YOUR MORTGAGE LOAN PAYMENTS MAY BE TRANSFERRED
You are applying for a mortgage loan covered by the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. 2601 et seq.). RESPA gives you certain rights under Federal law. This statement describes whether the servicing for this loan may be transferred to a different loan servicer. “Servicing” refers to collecting your principal, interest, and escrow payments, if any, as well as sending any monthly or annual statements, tracking account balances, and handling other aspects of your loan. You will be given advance notice before a transfer occurs.
Servicing Transfer Information
[We may assign, sell, or transfer the servicing of your loan while the loan is outstanding.]
[or]
[We do not service mortgage loans of the type for which you applied. We intend to assign, sell, or transfer the servicing of your mortgage loan before the first payment is due.]
[or]
[The loan for which you have applied will be serviced at this financial institution and we do not intend to sell, transfer, or assign the servicing of the loan.]
[INSTRUCTIONS TO PREPARER: Insert the date and select the appropriate language under “Servicing Transfer Information.” The model format may be annotated with further information that clarifies or enhances the model language.]
[73 FR 68259, Nov. 17, 2008]

Title 24 published on 2014-04-01

The following are only the Rules published in the Federal Register after the published date of Title 24.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-06-16; vol. 79 # 115 - Monday, June 16, 2014
    1. 79 FR 34224 - Removal of Regulations Transferred to the Consumer Financial Protection Bureau
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, Office of the Secretary, HUD
      Final rule.
      Effective Date: July 16, 2014.
      24 CFR Parts 1710, 1715, 1720, 3400, and 3500

Title 24 published on 2014-04-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 24 CFR 3500 after this date.

  • 2014-06-16; vol. 79 # 115 - Monday, June 16, 2014
    1. 79 FR 34224 - Removal of Regulations Transferred to the Consumer Financial Protection Bureau
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, Office of the Secretary, HUD
      Final rule.
      Effective Date: July 16, 2014.
      24 CFR Parts 1710, 1715, 1720, 3400, and 3500