Source: http://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-4903.html
Timestamp: 2018-02-23 20:22:57
Document Index: 276302665

Matched Legal Cases: ['§ 4903', '§ 4903', '§ 4903', '§ 4903', '§\u20024903', '§\u20022601', '§ 4903', '§\u20024903']

12 U.S.C. § 4903 - U.S. Code Title 12. Banks and Banking § 4903 | FindLaw
§ 4903
12 U.S.C. § 4903 - U.S. Code - Unannotated Title 12. Banks and Banking § 4903. Disclosure requirements
In any case in which private mortgage insurance is required in connection with a residential mortgage transaction (other than a residential mortgage transaction described in section 4902(g)(1) of this title), at the time at which the transaction is consummated, the mortgagee shall provide to the mortgagor--
If private mortgage insurance is required in connection with a residential mortgage transaction, the servicer shall disclose to the mortgagor in each such transaction in an annual written statement--
If private mortgage insurance was required in connection with a residential mortgage entered into at any time before the effective date of this chapter, the servicer shall disclose to the mortgagor in each such transaction in an annual written statement--
The information and disclosures required under subsection (b) of this section and subsection (a)(3) of this section may be provided on the annual disclosure relating to the escrow account made as required under the Real Estate Settlement Procedures Act of 1974 [ 12 U.S.C.A. § 2601 et seq. ], or as part of the annual disclosure of interest payments made pursuant to Internal Revenue Service regulations, and on a form promulgated by the Internal Revenue Service for that purpose.
Read this complete 12 U.S.C. § 4903 - U.S. Code - Unannotated Title 12. Banks and Banking § 4903. Disclosure requirements on Westlaw