Cal. Code Regs. tit. 10 § 1950.314.5

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 1950.314.5 - Statements of Account

A residential mortgage lender, residential mortgage lender and servicer, or residential mortgage loan servicer shall supply its borrowers with statements of account which show the transactions and current position of the borrower. The statements of account may show only the transactions for the period covered and the current positions and must be sent to the borrowers annually.

Cal. Code Regs. Tit. 10, § 1950.314.5

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).

Note: Authority cited: Section 50304, Financial Code. Reference: Sections 50124, 50301 and 50314, Financial Code.

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).