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#2250120 - 03/05/21 03:24 PM HUD SCRA Notice Expiration
Antilles Offline
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Antilles
Joined: Jan 2007
Posts: 208
Southern US
Has anyone heard if HUD released a new notice since the current notice expires at end of March?
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#2250122 - 03/05/21 04:01 PM Re: HUD SCRA Notice Expiration Antilles
rlcarey Online
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rlcarey
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Galveston, TX
Not yet - they are historically late. Sometimes years.
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#2250189 - 03/08/21 03:54 PM Re: HUD SCRA Notice Expiration Antilles
Andy_Z Offline
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You will continue with the current form until a new one is published, based on experience. I'm not aware of any required changes.
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#2251865 - 04/06/21 02:50 PM Re: HUD SCRA Notice Expiration Antilles
Antilles Offline
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Antilles
Joined: Jan 2007
Posts: 208
Southern US
Can we remove the expiration date from the notice until it is updated?
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#2251867 - 04/06/21 03:02 PM Re: HUD SCRA Notice Expiration Antilles
rlcarey Online
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Galveston, TX
You may not modify a form that has been approved by the OMB.
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#2251992 - 04/07/21 08:07 PM Re: HUD SCRA Notice Expiration Antilles
Andy_Z Offline
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The expiry date is a point of reference to that version of the form. At best I'd remind all those interacting with customers that the bank has no control over the form and that if a customer points out the expiration, point to HUD.
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AndyZ CRCM
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Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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