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2018 US Code
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
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| 15 U.S.C. § 1639g (2018) |
| §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. |
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(Pub. L. 90–321, title I, §129G, as added Pub. L. 111–203, title XIV, §1464(b), July 21, 2010, 124 Stat. 2184.) |
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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. |
| United States Code, 2018 Edition, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| 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 |
| section 1639g |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 124 Stat. 2184 |
| Public Law 90-321, Public Law 111-203 |
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