Requirements / 00db77841e9de656
This is a normalized obligation summary extracted deterministically from regulatory text. The structured fields below are parsed from the source—not AI-generated summaries.
Mandatory PROPOSED

Obligation Structure

Actor
servicer
Modality
Mandatory
Duty
maintain policies and procedures reasonably designed to en
Conditions
when a servicer is notified of their existence

Source Text

A servicer must maintain policies and procedures reasonably designed to ensure that the servicer can retain this information and promptly facilitate communication with potential successors in interest when a servicer is notified of their existence.
Source Document: 2024-15475
Agency: Consumer Financial Protection Bureau
CFR Parts: 12 CFR 1024
Requirement Type: inspection maintenance

Lifecycle History

2/12/2026 ADDED — → PROPOSED 2024-15475

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Stable ID: 00db77841e9de656