Comment for 1024.39 - Early Intervention Requirements for Certain Borrowers
of the borrower's complete loss mitigation application, or if the servicer has sent the borrower a notice
- 1024 (Regulation X)
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of the borrower's complete loss mitigation application, or if the servicer has sent the borrower a notice
The notice must be clear and conspicuous and in writing, and may be included with the disclosures required
Columbus Day, a legal public holiday, occurs on October 14, and the transferee servicer provides the notice
necessary to complete the application, § 1024.41(c)(3) requires the transferee servicer to provide a notice
However, if the card issuer provides a notice pursuant to § 1026.9(c) or (g) on September 1, §
Notice of withdrawal of agreement.
Creditors must provide such disclosures at a time and in a manner that a consumer would be likely to notice
On May 31, the card issuer provides a notice pursuant to § 1026.9(c) informing the consumer of a
disclosed under § 1026.6(b)(2)(ii), (b)(2)(iii), or (b)(2)(xii) after complying with the applicable notice
required to conduct a search for potential successors in interest if the servicer has not received actual notice
issuer may satisfy its obligations under paragraph (a) of this section by providing a risk-based pricing notice
;1010.558 and 1010.559, which require that the Property Report and contracts or agreements contain notice
transactions beginning on April 1 of year two pursuant to § 1026.55(b)(3) by providing a § 1026.9(g) notice
This interpretation also applies to any notice provided about one-time EFTs from a consumer's account
an overdraft credit feature, the financial institution is not required to provide a change-in-terms notice
On July 1, the card issuer provides a notice pursuant to § 1026.9(c) informing the consumer that
On January 1 of year three, 50 U.S.C. app. 527 ceases to apply and the card issuer provides a notice
signature page above all signatures: “You have the option to cancel your contract or agreement of sale by notice
The consumer has been given an opt-out notice and has elected to opt out of receiving such solicitations
The first line of the disclosure shall be centered and contain only the following language: “THIS NOTICE
vi)(B) must also maintain policies and procedures reasonably designed to ensure that, upon receiving notice
)(1)-4.iii), and the requirement in § 1024.41(b)(2)(i)(B) to provide the borrower with written notice
In such circumstances, § 1024.41(c)(3) requires the transferee servicer to provide a notice of complete
Notice of acceptance period.
the account for the disputed amount and any related finance or other charges and send a correction notice