{"data":{"id":"us-ut/utah-code-70d-2-302","jurisdiction":"us-ut","citation":"Utah Code § 70D-2-302","heading":"Notice required with loan application.","body":"(1) If the following is the case, a lender and broker shall notify in writing a person from whom the lender or broker receives or for whom the lender or broker prepares a written application for a mortgage loan that:\n(a) the mortgage loan applied for may be sold or assigned;\n(b) the servicing of the loan may be sold or assigned; and\n(c) the mortgage loan will not necessarily be held or serviced by the lender that originates the mortgage loan.\n(2) A lender and broker shall provide a written notice required by this section at the time of receipt or preparation of the written application for a mortgage loan.","path":["Title 70D Financial Institution Mortgage Financing Regulation Act","Chapter 70D-2 Mortgage Lending and Servicing Act","Part 70D-2-3 Operational Requirements"],"source_url":"https://le.utah.gov/xcode/Title70D/Chapter2/70D-2-S302.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"c0a9b9dfe36cab05982f2dcd8ce284a1414a530ecdd59905ef5bd351c87ac665","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70d-2-301","next":"us-ut/utah-code-70d-2-303"},"notice":"GroundRules: Original legal text. Not legal advice."}