Nebraska § 45-739 Transfer
of servicing rights; duties

Nebraska Statutes

§ 45-739 — Transfer of servicing rights; duties

Nebraska § 45-739

Ch. 45Interest, Loans, and Debt

This text of Nebraska § 45-739 (Transfer of servicing rights; duties) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 45-739 (2026).

Text

Not less than fifteen days prior to the effective date of the transfer of servicing rights involving any residential mortgage loan, the licensee transferring the servicing rights shall send a written notice of transfer to each borrower which shall include:

(1)The effective date of the transfer;

(2)The name, address, and telephone number of the transferee and the name of a referral person or department of the transferee;

(3)Instructions concerning payments made before the effective date of the transfer; and

(4)Instructions concerning payments made after the effective date of the transfer. The provisions of this section shall not apply when the licensee transferring the servicing rights has provided the borrower with a written notice of transfer at the time of closing on the residential

Free access — add to your briefcase to read the full text and ask questions with AI

Not less than fifteen days prior
to the effective date of the transfer of servicing rights involving any residential mortgage loan,
the licensee transferring the servicing rights shall send a written notice
of transfer to each borrower which shall include:
(1) The effective date of the transfer;
(2) The name, address, and telephone number of the transferee and the
name of a referral person or department of the transferee;
(3) Instructions concerning payments made before the effective date
of the transfer; and
(4) Instructions concerning payments made after the effective date of
the transfer.
The provisions of this section shall not apply when the licensee transferring
the servicing rights has provided the borrower with a written notice of transfer
at the time of closing on the residential mortgage
loan.