Delaware Code Title 6 Sec. 2407C – Required disclosures
Current as of: 2023 | Check for updates
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Any commercial communication by a mortgage loan modification services provider shall include the following statements in a clear and prominent format:
(1) “(Name of Company) is not associated with the government, and our service is not approved by the government or your lender.”
(2) “Even if you accept this offer and use our service, your lender may not agree to change your loan.”
(3) “You may stop doing business with us at any time. You may accept or reject any offer of mortgage modification we may obtain from your lender or servicer. If you reject the offer, you do not have to pay us.”
Terms Used In Delaware Code Title 6 Sec. 2407C
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.