Idaho Statutes
§ 26-31-214 — NOTICE OF TRANSFER
Idaho·Title 26 BANKS AND BANKING·Part 2. PROVISIONS APPLICABLE TO MORTGAGE BROKERS AND MORTGAGE LENDERS·Ch. 31 IDAHO RESIDENTIAL MORTGAGE PRACTICES ACT
Except as otherwise provided for in the truth in lending act, the real estate settlement procedures act, regulation X, or regulation Z, a mortgage lender shall provide notice to the borrower within fifteen (15) days after any sale or assignment of the borrower’s residential mortgage loan to another person wherein the mortgage lender does not retain the loan servicing. A mortgage lender purchasing or receiving assignment of a residential mortgage loan with servicing shall provide to the borrower within thirty (30) days a written statement describing policies relating to the reserve account.
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Idaho § 26-31-214 (NOTICE OF TRANSFER) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[26-31-214, added 2020, ch. 100, sec. 11, p. 269.]
Nearby Sections
15
§ 26-1001
GROUNDS FOR CLOSING BANK§ 26-1003
RECEIVING DEPOSITS WHEN INSOLVENT§ 26-1005
EFFECT OF POSTING NOTICE§ 26-1006
TAKING POSSESSION OF BANK — NOTICE§ 26-1007
RESUMPTION AFTER CLOSING§ 26-1008
POWERS OF DIRECTOR ON CLOSING BANK§ 26-1009
RECOURSE OF AGGRIEVED BANK§ 26-101
TITLE§ 26-1010
DIRECTOR MAY APPOINT AGENTS