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N.J. Stat. Ann. § 17:16F-31

Filing of information relative to mortgages serviced

Known as the New Jersey Automobile Full Insurance Availability Act

The act spans §§ 17:10B-1 to 17:9A-99 (3,637 sections).

L.2019, c.65, s.5.

5. At least annually, a mortgage servicer shall file with the commissioner the following information with respect to mortgages that it services in this State:

a. a current schedule of the ranges of costs and fees it charges mortgagors for its servicing-related activities;

b. a report in a form and format acceptable to the commissioner detailing the mortgage servicer's activities in the State, including:

(1) the number of residential mortgage loans the mortgage servicer is servicing; and

(2) the type and characteristics of the residential mortgage loans the mortgage servicer is servicing;

c. the number of serviced residential mortgage loans in default, along with a breakdown of 30, 60, and 90-days of delinquency;

d. a description of the mortgage servicer's loss mitigation activities, including details on workout arrangements undertaken; and

e. the number of foreclosures commenced.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.