BS
Boise Standard
Treasure Valley · AI Directory
15 U.S.C. · Commerce and Trade
15 U.S.C. § 1639f

Requirements for prompt crediting of home loan payments

Ch. 41 — CONSUMER CREDIT PROTECTION
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 41
Statutory Text

15 U.S.C. § 1639f — Requirements for prompt crediting of home loan payments

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 41 - CONSUMER CREDIT PROTECTION SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE Part B - Credit Transactions Sec. 1639f - Requirements for prompt crediting of home loan payments From the U.S. Government Publishing Office, www.gpo.gov

§1639f. Requirements for prompt crediting of home loan payments

(a) In general In connection with a consumer credit transaction secured by a consumer's principal dwelling, no servicer shall fail to credit a payment to the consumer's loan account as of the date of receipt, except when a delay in crediting does not result in any charge to the consumer or in the reporting of negative information to a consumer reporting agency, except as required in subsection (b). (b) Exception If a servicer specifies in writing requirements for the consumer to follow in making payments, but accepts a payment that does not conform to the requirements, the servicer shall credit the payment as of 5 days after receipt.

(Pub. L. 90–321, title I, §129F, as added Pub. L. 111–203, title XIV, §1464(a), July 21, 2010, 124 Stat. 2184.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective on the date on which final regulations implementing such section take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, see section 1400(c) of Pub. L. 111–203, set out as an Effective Date of 2010 Amendment note under section 1601 of this title.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC15-SEC-88B52D
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
15 U.S.C. § 1639f
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
5d9272dea0adddbc...
Semantic Edges
Pending — corpus passes queued
The statutory text of 15 U.S.C. § 1639f is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 15
← 15 U.S.C. § 1639e 15 U.S.C. § 1639g →
Ch. 41 — CONSUMER CREDIT PROTECTION
15 U.S.C. § 160115 U.S.C. § 160215 U.S.C. § 160315 U.S.C. § 160415 U.S.C. § 160515 U.S.C. § 160615 U.S.C. § 160715 U.S.C. § 160815 U.S.C. § 160915 U.S.C. § 161015 U.S.C. § 161115 U.S.C. § 161215 U.S.C. § 161315 U.S.C. § 161415 U.S.C. § 161515 U.S.C. § 161615 U.S.C. § 163115 U.S.C. § 163215 U.S.C. § 163315 U.S.C. § 163415 U.S.C. § 163515 U.S.C. § 163615 U.S.C. § 163715 U.S.C. § 1637a15 U.S.C. § 163815 U.S.C. § 1638a15 U.S.C. § 163915 U.S.C. § 1639a15 U.S.C. § 1639b15 U.S.C. § 1639c
15 U.S.C. — public domain ← All Legislation
◈ Provenance
boisestandard.org → United States → Law → U.S. Code → Title 15 → 15 U.S.C. § 1639f