GroundRules
← Search the law
Utah · Through 2026 General Session

Utah Code § 70D-2-304: Statement to be provided.

Read at publisher ↗
Where this section sits in the code
  1. Title 70D Financial Institution Mortgage Financing Regulation Act
  2. Chapter 70D-2 Mortgage Lending and Servicing Act
  3. Part 70D-2-3 Operational Requirements

(1) Unless a servicer regularly provides the information described in this Subsection (1) in a monthly statement to a mortgagor, 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 the payments credited to the account within the previous 12-month period;

(b) the balance in any escrow account held by the servicer; and

(c) the total unpaid balance of the mortgage loan.

(2) A servicer shall provide the first two statements requested for an account in a 12-month period 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 an additional statement.

Collected 2026-09-03T11:34:34Z. Source file · JSON

Browse this collection