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§ 17-16f-36 — New Jersey Law | CourtGPT
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New Jersey Legal Code

§ 17-16f-36

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17:16F-36 Disclosures to mortgagor. 10. Upon assignment of servicing rights on a residential mortgage loan, the mortgage servicer shall disclose to the mortgagor: a. any notice required by the 'Real Estate Settlement Procedures Act of 1974' (12 U.S.C. s.2601 et seq.), and the regulations promulgated thereunder, and within the time periods prescribed therein; and b. a schedule of the ranges and categories of its costs and fees for its servicing-related activities, which shall comply with State and federal law and, if the disclosure is made by a mortgage servicer licensee, shall not exceed those reported to the commissioner in accordance with section 5 of this act. L.2019, c.65, s.10.