Description
Mortgage servicers are required to respond to Notices of Error associated with mortgage loans in a timely manner as outlined in Regulation X, 12 CFR 1024.35. The Regulation X Acknowledgment of Receipt of Error Notice serves as the Financial Institution’s acknowledgement of receipt of the Borrower’s notice of error to the account identified. It provides space for crucial dates, identifying information and acknowledgement. Use the combined Regulation X Notice of Acknowledgement and Error Resolution, the Regulation X Notice of Error Resolution, the Regulation X Notice of Acknowledgement and the Regulation X Determination of No Review of Error to ensure you have the appropriate notice for any circumstance.
Reviewed 10.29.2020
