12 U.S.C. § 4904
Notification upon cancellation or termination
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 4904, Notification upon cancellation or termination, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438868
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Full text
Not later than 30 days after the date of cancellation or termination of a private mortgage insurance requirement in accordance with this chapter, the servicer shall notify the mortgagor in writing—
If a servicer determines that a mortgage did not meet the requirements for termination or cancellation of private mortgage insurance under subsection (a) or (b) of section 4902 of this title, the servicer shall provide written notice to the mortgagor of the grounds relied on to make the determination (including the results of any appraisal used to make the determination).
Notice required by paragraph (1) shall be provided—
with respect to cancellation of private mortgage insurance under section 4902(a) of this title, not later than 30 days after the later of—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Homeowners Protection Act of 1998House: no recorded tallySenate: no recorded tally