12 USC 1701x(c)(5) imposes a specific statutory obligation on all creditors across the United States who service conventional loans. Creditor must send a specific notice about access and availability of homeownership counseling to defaulting homeowners within 45 days of a home loan payment default. The court should disregard the plaintiffs exhibits outside the pleadings upon consideration of the plaintiffs motion to strike.
12 USC 1701x(c)(5) imposes a specific statutory obligation on all creditors across the United States who service conventional loans. Creditor must send a specific notice about access and availability of homeownership counseling to defaulting homeowners within 45 days of a home loan payment default. The court should disregard the plaintiffs exhibits outside the pleadings upon consideration of the plaintiffs motion to strike.
12 USC 1701x(c)(5) imposes a specific statutory obligation on all creditors across the United States who service conventional loans. Creditor must send a specific notice about access and availability of homeownership counseling to defaulting homeowners within 45 days of a home loan payment default. The court should disregard the plaintiffs exhibits outside the pleadings upon consideration of the plaintiffs motion to strike.