12 CFR Part 1024, Appendix MS-2 to Part 1024

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There are 2 Updates appearing in the Federal Register for 12 CFR Part 1024. View below or at eCFR (GPOAccess)
View PDF at GPOPt. 1024, App. MS-2
Appendix MS-2 to Part 1024
Notice of Servicing Transfer
The servicing of your mortgage loan is being transferred, effective [Date]. This means that after this date, a new servicer will be collecting your mortgage loan payments from you. Nothing else about your mortgage loan will change.
[Name of present servicer] is now collecting your payments. [Name of present servicer] will stop accepting payments received from you after [Date].
[Name of new servicer] will collect your payments going forward. Your new servicer will start accepting payments received from you on [Date].
Send all payments due on or after [Date] to [Name of new servicer] at this address: [New servicer address].
If you have any questions for either your present servicer, [Name of present servicer] or your new servicer [Name of new servicer], about your mortgage loan or this transfer, please contact them using the information below:
Current Servicer: New Servicer:
[Name of present servicer] [Name of new servicer]
[Individual or Department] [Individual or Department]
[Telephone Number] [Telephone Number]
[Address] [Address]
[Use this paragraph if appropriate; otherwise omit.] Important note about insurance: If you have mortgage life or disability insurance or any other type of optional insurance, the transfer of servicing rights may affect your insurance in the following way:
You should do the following to maintain coverage:
Under Federal law, during the 60-day period following the effective date of the transfer of the loan servicing, a loan payment received by your old servicer on or before its due date may not be treated by the new servicer as late, and a late fee may not be imposed on you.
[NAME OF PRESENT SERVICER]
Date
[and] [or]
[NAME OF NEW SERVICER]
Date
[78 FR 10886, Feb. 14, 2013]

Title 12 published on 2015-01-01.

The following are only the Rules published in the Federal Register after the published date of Title 12.

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

  • 2015-04-21; vol. 80 # 76 - Tuesday, April 21, 2015
    1. 80 FR 22091 - Homeownership Counseling Organizations Lists and High-Cost Mortgage Counseling Interpretive Rule
      GPO FDSys XML | Text
      BUREAU OF CONSUMER FINANCIAL PROTECTION
      Final rule.
      This rule is effective April 21, 2015.
      12 CFR Parts 1024 and 1026

Title 12 published on 2015-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 1024 after this date.

  • 2015-04-21; vol. 80 # 76 - Tuesday, April 21, 2015
    1. 80 FR 22091 - Homeownership Counseling Organizations Lists and High-Cost Mortgage Counseling Interpretive Rule
      GPO FDSys XML | Text
      BUREAU OF CONSUMER FINANCIAL PROTECTION
      Final rule.
      This rule is effective April 21, 2015.
      12 CFR Parts 1024 and 1026