Idaho § 26-31-214 NOTICE OF TRANSFER

Idaho Statutes

§ 26-31-214 — NOTICE OF TRANSFER

Idaho § 26-31-214

Title 26BANKS AND BANKING

Part 2.PROVISIONS APPLICABLE TO MORTGAGE BROKERS AND MORTGAGE LENDERS

Ch. 31IDAHO RESIDENTIAL MORTGAGE PRACTICES ACT

This text of Idaho § 26-31-214 (NOTICE OF TRANSFER) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 26-31-214 (2026).

Text

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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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.