Requirements / d64f208385f7a2e7
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
complete its evaluation of the borrower for all available borrower for all
Conditions
if the servicer receives the documents or information within 14 days of providing the written notice to the borrower
Timing
within 14 days

Source Text

) That, if the servicer receives the documents or information within 14 days of providing the written notice to the borrower, the servicer will complete its evaluation of the borrower for all available loss mitigation options promptly upon receiving the documents or information.
Source Document: 2024-15475
Agency: Consumer Financial Protection Bureau
CFR Parts: 12 CFR 1024
Requirement Type: compliance deadline

Lifecycle History

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

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Stable ID: d64f208385f7a2e7