Skip to content

Disclosures on Mortgage Loans after Acquisition

Answered by: 

Question: 
We went through a merger and acquired another bank's assets. With the bank's name changed, what disclosures do we need to give on mortgage loans we are servicing as a result of the acquisition and what information needs to be on there?
Answer: 

The servicing transfer requirements are found in RESPA Reg. X 1024.33. The content requirements are found at 1024.33(b)(4).

The Reg. Z mortgage transfer disclosure requirements can be found in 1026.39.

First published on 08/04/2019

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics