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#2170996 - 03/29/18 09:44 PM Smaller Servicer - Bankruptcy Statements
TeamComply Offline
Platinum Poster
Joined: Aug 2016
Posts: 543
We are a small servicer under these rules, as we service fewer than 5000 mortgage loans for which we are the creditor or assignee, and we do not service loans for other creditors. So as far as the periodic statements, including the upcoming bankruptcy statements requirement, we would be exempt, correct? Second guessing myself...
Last edited by TeamComply; 03/29/18 09:45 PM.
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Mortgage Servicing Rules
#2171003 - 03/29/18 10:15 PM Re: Smaller Servicer - Bankruptcy Statements TeamComply
GTS333 Offline
Gold Star
Joined: Jun 2010
Posts: 257
If you've determined that you are exempt from the standard statements, you are also exempt from the bankruptcy statements.
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