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Regulators Mandate Counseling Notice.(Brief Article)
Federal regulators have updated their examination procedures for determining if lenders and servicers are properly notifying delinquent borrowers that homeownership counseling is available.
The update notes a decision by Congress to repeal a sunset provision and make the notification requirement permanent. But otherwise, the changes are not significant.
"It was a housekeeping item," one regulator said.
The notification requirement has been around since the early 1990s and it requires servicers to notify delinquent borrowers that they can obtain counseling from the creditor (if available) or from nonprofit groups funded by the Department of Housing and Urban Development. It applies to conventional and Federal Housing Administration loans.
"Compliance has never been a problem," according to a spokesman for the Office of the Comptroller of the Currency. OCC has already adopted the updated examination procedures and the ...
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The purpose of this study was to examine the influence of aspects of limb dynamics on variation in site of force application on tibial displacement during the Lachman test. Twenty-two certified athletic trainers and 12 model patients participated. Videotape analysis of clinician grip configurations
