Thanks to an eagle‐eyed client for sharing with us a best‐kept secret that HUD released an updated SCRA Notice. As you know, the old form expired in December 2017.
From what we can tell, the only changes to the notice are dates and the reference to 50 USC 3901‐4403, which was changed from the former 50 USC 501‐597b reference.
The PDF is available on HUD’s website. We have made a Word document version available here that you can customize for your bank’s use by including the lender information where needed.
TCA is your resource for all things Compliance, BSA, Fair Lending, and Technology. Contact us at [email protected] or at (800) 934‐7347.
