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#2176031 - 05/01/18 02:55 PM Small Servicer Exemption
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
As a Small Servicer I am just looking for clarification. We are exempt from all requirements of the periodic statement rule, which incudes delinquency information. Clarification needed if we are still required to provide the HUD “Notification to Homeowners of Availability of Housing Counseling Services” if the borrower is over 45 day delinquent?

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HOEPA and Homeowner Counseling Rule
#2176095 - 05/01/18 05:10 PM Re: Small Servicer Exemption Banker57
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,396
Galveston, TX
There is no exemption from that notice or the require SCRA notice to delinquent homeowners.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2176103 - 05/01/18 05:21 PM Re: Small Servicer Exemption Banker57
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Thank You

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#2176105 - 05/01/18 05:21 PM Re: Small Servicer Exemption Banker57
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Any idea where I can find a model HUD notice?

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#2176116 - 05/01/18 05:52 PM Re: Small Servicer Exemption Banker57
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,396
Galveston, TX
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2176153 - 05/01/18 06:58 PM Re: Small Servicer Exemption Banker57
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Appreciate your feed back and direction.

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