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Second Lien HI & HE Loans - Servicing Disclosure

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Question: 
Is the servicing disclosure required to be given out on second lien Home Improvements loan and 2nd lien Home Equity Loans?
Answer: 

No, the SDS is only required on 1st lien loans.

First published on BankersOnline.com 1/25/10

First published on 01/25/2010

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