Before each anniversary of Timing At least 45 days At least 30 days after the your purchase of force- before you assess a first notice, at least 15 days placed insurance, and force-placed before assessing a force- generally at least 45 days insurance fee placed insurance fee before assessing on a consumer fee related to the renewal, but not more than once annually Content § 1024.37(c)(2) § 1024.37(d)(2) § 1024.37(e)(2) Format § 1024.37(c)(3). § 1024.37(d)(3) § 1024.37(e)(3) Forms Appendix MS-3(A) Appendix MS-3(B) to (C) Appendix MS-3(D) You may not include You may not include any Additional You may not include any any information information other than the information information other than the than the required required information in the required information in the information in the notice. If you want to notice. If you want to include notice. If you want to include additional additional information, put it include additional information, put it on a on a separate piece of paper information, put it on separate piece of paper in in the same transmittal. a separate piece of the same transmittal. (§ 1024.37(e)(4)) paper in the same (§ 1024.37(d)(4)) transmittal. (§ 1024.37(c)(4)) If you receive new Note You are not required to information about the provide this notice more consumer’s hazard than once a year. insurance after you put the reminder notice into production, you are not required to update the notice based on the new information provided the notice was put into production a reasonable time prior to mailing it to the consumer. (§ 1024.37(d)(5)) Establish policies and procedures to achieve these requirements: Accessing and providing timely and accurate information Properly evaluating loss mitigation applications Facilitating oversight of, and compliance by service providers
Timing At least 45 days before you assess a force-placed insurance fee At least 30 days after the first notice, at least 15 days before assessing a force- placed insurance fee Before each anniversary of your purchase of force- placed insurance, and generally at least 45 days before assessing on a consumer fee related to the renewal, but not more than once annually Content § 1024.37(c)(2) § 1024.37(d)(2) § 1024.37(e)(2) Format § 1024.37(c)(3). § 1024.37(d)(3) § 1024.37(e)(3) Forms Appendix MS-3(A) Appendix MS-3(B) to (C) Appendix MS-3(D) Additional information You may not include any information than the required information in the notice. If you want to include additional information, put it on a separate piece of paper in the same transmittal. (§ 1024.37(c)(4)) You may not include any information other than the required information in the notice. If you want to include additional information, put it on a separate piece of paper in the same transmittal. (§ 1024.37(d)(4)) You may not include any information other than the required information in the notice. If you want to include additional information, put it on a separate piece of paper in the same transmittal. (§ 1024.37(e)(4)) Note If you receive new information about the consumer’s hazard insurance after you put the reminder notice into production, you are not required to update the notice based on the new information provided the notice was put into production a reasonable time prior to mailing it to the consumer. (§ 1024.37(d)(5)) You are not required to provide this notice more than once a year. Establish policies and procedures to achieve these requirements: Accessing and providing timely and accurate information Properly evaluating loss mitigation applications Facilitating oversight of, and compliance by service providers