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#1955116 - 08/20/14 02:56 PM AdverseActionSpecificReasonsorRightToStmt
Patricia Offline
Gold Star
Joined: Mar 2011
Posts: 335
Kansas
I am looking at a Notice of Action Taken on a consumer RE loans and the notice states for specific reasons please contact the bank. Is this okay?

ECOA 1002.9 (a)(2)States can either give statement of specific reasons or disclosure of right to a statement of specific reasons.

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Lending Compliance
#1955125 - 08/20/14 03:07 PM Re: AdverseActionSpecificReasonsorRightToStmt Patricia
Rocky P Offline
Power Poster
Joined: Jun 2003
Posts: 7,659
Florida
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