Instructions for Mortgage Loan Servicer Volume of Servicing Report - New York

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Mortgage Loan Servicer Volume of Servicing Report - New York

This document was released by New York State Department of Financial Services and contains official instructions for Mortgage Loan Servicer Volume of Servicing Report . The up-to-date fillable form is available for download through this link.

FAQ

Q: What is a Mortgage Loan Servicer Volume of Servicing Report?
A: The Mortgage Loan Servicer Volume of Servicing Report is a report that provides information on the volume of mortgage loans serviced by a loan servicer.

Q: Who is required to submit the Mortgage Loan Servicer Volume of Servicing Report?
A: Loan servicers in New York are required to submit the report.

Q: What information is included in the Mortgage Loan Servicer Volume of Servicing Report?
A: The report includes information on the total number of mortgage loans serviced, the total principal balance of the mortgage loans, and other loan-related data.

Q: When is the Mortgage Loan Servicer Volume of Servicing Report due?
A: The report is due annually by March 31st.

Q: Are there any penalties for non-compliance with the Mortgage Loan Servicer Volume of Servicing Report requirement?
A: Yes, failure to submit the report or submitting false information may result in penalties imposed by the DFS.

Q: Is the Mortgage Loan Servicer Volume of Servicing Report required in other states?
A: The report requirement may vary by state. Please check the specific requirements of your state if it is not New York.

Instruction Details:

This 8-page document is available for download in PDF;
Actual and applicable for the current year;
Complete, printable, and free.

Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library legal documents released by the New York State Department of Financial Services.