Can the Annual Escrow Statement be provided to the borrower using an e-statement or must a paper copy be snail mailed to borrower?
If a customer uses a HELOC access check to advance funds, does a transaction description other than "Advance" need to appear on the periodic statement?
If we are still delivering disclosures and statements in paper form, do we have to be concerned with E-SIGN or UETA?
What if you do not have a complete address to send an adverse action to?
If a loan is delinquent for more than 30 days and the annual escrow statement is not sent, can the annual analysis still be ran and if the loan is re-instated, the history provided at that time? To clarify, still run the annual analysis and provide all if the account is re-instated when the annual statement being provided is resumed.