2006 Utah Code - 70D-1-8 — Statement to be provided.

     70D-1-8.   Statement to be provided.
     (1) Unless a mortgage loan servicer regularly provides the information described in Subsections (a), (b), and (c) in monthly statements to mortgagors, the servicer shall deliver to a mortgagor, within 15 days after receipt of a written request, a statement of the mortgagor's account including the following information:
     (a) the date and amount of all payments credited to the account within the previous 12-month period;
     (b) the balance in any escrow accounts held by the servicer; and
     (c) the total unpaid balance of the mortgage loan.
     (2) The first two statements requested for an account in any 12-month period shall be provided without charge. If more than two statements are requested for the same account in a 12-month period, the servicer may charge a reasonable fee for the additional statements.

Enacted by Chapter 172, 1990 General Session