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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 §§ 17–17 (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.