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§760.9. Notice of special flood hazards and availability of Federal disaster relief assistance. — Inbound Citations

12 C.F.R. § 760.9

Cited by 1 regulation in release Current.

Citations to 12 U.S.C. § 760.9 as a whole

  • (b) For any loan for which a credit union is required to escrow under paragraph (a) or paragraph (c)(2) of this section or may be required to escrow under paragraph (a)(3) of this section during the term of the loan, the credit union, or a servicer acting on behalf of the credit union, shall mail or deliver a written notice with the notice provided under § 760.9 informing the borrower that the credit union is required to escrow all premiums and fees for required flood insurance, using language that is substantially similar to model clauses on the escrow requirement in appendix A.