Servicing Mailing Schedule

MONTHLY

Periodic Statements are mailed on the 15th of each month to all borrowers regardless of their payment method. These statements display account activity for the preceding month, and provide a payment coupon for customers who wish to mail their payment.

Electronic statements are available online.   Log into your account and opt in to have the statement sent to you electronically.

Past Due Notices are automatically generated on the 10th of the month. These notices are sent to help customers avoid incurring a late fee.

January

Mortgage Interest Statement (1098s): These statements display information needed to prepare annual IRS Tax Reporting Data. Statements are generated for accounts with an interest expense >$600.00.

Interest Income Statement (1099s): These statements display information needed to prepare annual IRS Tax Reporting Data. Statements are generated for accounts with interest income >$10.00

Accrued Fee Notices: These statements are generated for accounts with outstanding fees due.

April

Accrued Fee Notices: These statements are generated for accounts with outstanding fees due.

June

Privacy Policy and Disclosure Statements: These notices allow customers to ‘opt out’ sharing of non-public personal information with affiliated companies and non-affiliated third parties.

July

Private Mortgage Insurance (PMI) Disclosure Statements: This disclosure contains detailed information on the purpose of PMI, guidelines for Borrower requested cancellation, and Automatic Termination of the insurance.

Accrued Fee Notices: These statements are generated for accounts with outstanding fees due.

October

Accrued Fee Notices: These statements are generated for accounts with outstanding fees due.

November

Escrow Account Disclosure Statements: The statements display are for active escrows accounts and show activity for the year, as well as the projected account activity and the new payment amount for the coming year.