15 U.S.C. · Commerce and Trade
15 U.S.C. § 1639g

Requests for payoff amounts of home loan

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

15 U.S.C. § 1639g — Requests for payoff amounts of home loan

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. 1639g - Requests for payoff amounts of home loan From the U.S. Government Publishing Office, www.gpo.gov

§1639g. Requests for payoff amounts of home loan

A creditor or servicer of a home loan shall send an accurate payoff balance within a reasonable time, but in no case more than 7 business days, after the receipt of a written request for such balance from or on behalf of the borrower.

(Pub. L. 90–321, title I, §129G, as added Pub. L. 111–203, title XIV, §1464(b), 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 ↗
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The statutory text of 15 U.S.C. § 1639g 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).
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