source:
  type: regulation
  id: reg-z-1026.41
  authority: 12 CFR §1026.41 — Periodic statements for residential mortgage loans (Reg Z)
  description: 'Regulation Z §1026.41 requires the servicer of a closed-end residential

    mortgage loan to send the consumer a periodic statement meeting the

    timing, form, content, and layout requirements set forth in the rule.

    '
obligations:
- id: reg-z-1026.41-full
  canonical_id: reg-z-1026.41-full
  section: 12 CFR §1026.41
  description: Link to an amendment published at 90 FR 2503 , Jan. 10, 2025.
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: Link to an amendment published at 90 FR 2503 , Jan. 10, 2025.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-a
  canonical_id: reg-z-1026.41-a
  section: 12 CFR §1026.41(a)
  description: '(a): (a) In general —(1) Scope. This section applies to a closed-end consumer credit transaction
    secured by a dwelling , unless an exemption in paragraph (e) of this section applies. A closed-end
    consumer credit transaction secured by a dwelling is referred to as a mortgage loan for purposes of
    this sect…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (a) In general —(1) Scope. This section applies to a closed-end consumer credit transaction
      secured by a dwelling , unless an exemption in paragraph (e) of this section applies. A closed-end
      consumer credit transaction secured by a dwelling is referred to as a mortgage loan for purposes
      of this section. (2) Periodic statements. A servicer of a transaction subject to this section shall
      provide the consumer , for each billing cycle , a periodic statement meeting the requirements of
      paragraphs (b), (c), and (d) of this section. If a mortgage loan has a billing cycle shorter than
      a period of 31 days (for example, a bi-weekly billing cycle), a periodic statement covering an entire
      month may be used. For the purposes of this section, servicer includes the creditor, assignee, or
      servicer, as applicable. A creditor or assignee that does not currently own the mortgage loan or
      the mortgage servicing rights is not subject to the requirement in this section to provide a periodic
      statement.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-b
  canonical_id: reg-z-1026.41-b
  section: 12 CFR §1026.41(b)
  description: '(b): (b) Timing of the periodic statement. The periodic statement must be delivered or
    placed in the mail within a reasonably prompt time after the payment due date or the end of any courtesy
    period provided for the previous billing cycle .'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (b) Timing of the periodic statement. The periodic statement must be delivered or
      placed in the mail within a reasonably prompt time after the payment due date or the end of any
      courtesy period provided for the previous billing cycle .
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-c
  canonical_id: reg-z-1026.41-c
  section: 12 CFR §1026.41(c)
  description: '(c): (c) Form of the periodic statement. The servicer must make the disclosures required
    by this section clearly and conspicuously in writing, or electronically if the consumer agrees, and
    in a form that the consumer may keep. Sample forms for periodic statements are provided in appendix
    H-30. Proper use…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (c) Form of the periodic statement. The servicer must make the disclosures required
      by this section clearly and conspicuously in writing, or electronically if the consumer agrees,
      and in a form that the consumer may keep. Sample forms for periodic statements are provided in appendix
      H-30. Proper use of these forms complies with the requirements of this paragraph (c) and the layout
      requirements in paragraph (d) of this section.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-d
  canonical_id: reg-z-1026.41-d
  section: 12 CFR §1026.41(d)
  description: '(d): (d) Content and layout of the periodic statement. The periodic statement required
    by this section shall include: (1) Amount due. Grouped together in close proximity to each other and
    located at the top of the first page of the statement:'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(d) Content and layout of the periodic statement. The periodic statement required
      by this section shall include: (1) Amount due. Grouped together in close proximity to each other
      and located at the top of the first page of the statement:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) The payment due date; (ii) The amount of any late payment fee, and the date on
    which that fee will be imposed if payment has not been received; and (iii) The amount due, shown more
    prominently than other disclosures on the page and, if the transaction has multiple payment options,
    the amount due…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) The payment due date; (ii) The amount of any late payment fee, and the date
      on which that fee will be imposed if payment has not been received; and (iii) The amount due, shown
      more prominently than other disclosures on the page and, if the transaction has multiple payment
      options, the amount due under each of the payment options. (2) Explanation of amount due. The following
      items, grouped together in close proximity to each other and located on the first page of the statement:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) The monthly payment amount , including a breakdown showing how much, if any,
    will be applied to principal, interest, and escrow and, if a mortgage loan has multiple payment options,
    a breakdown of each of the payment options along with information on whether the principal balance
    will increase, …'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) The monthly payment amount , including a breakdown showing how much, if any,
      will be applied to principal, interest, and escrow and, if a mortgage loan has multiple payment
      options, a breakdown of each of the payment options along with information on whether the principal
      balance will increase, decrease, or stay the same for each option listed; (ii) The total sum of
      any fees or charges imposed since the last statement; and (iii) Any payment amount past due. (3)
      Past payment breakdown. The following items, grouped together in close proximity to each other and
      located on the first page of the statement:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) The total of all payments received since the last statement, including a breakdown
    showing the amount , if any, that was applied to principal, interest, escrow, fees and charges, and
    the amount , if any, sent to any suspense or unapplied funds account; and (ii) The total of all payments
    received…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) The total of all payments received since the last statement, including a breakdown
      showing the amount , if any, that was applied to principal, interest, escrow, fees and charges,
      and the amount , if any, sent to any suspense or unapplied funds account; and (ii) The total of
      all payments received since the beginning of the current calendar year, including a breakdown of
      that total showing the amount , if any, that was applied to principal, interest, escrow, fees and
      charges, and the amount , if any, currently held in any suspense or unapplied funds account. (4)
      Transaction activity. A list of all the transaction activity that occurred since the last statement.
      For purposes of this paragraph (d)(4), transaction activity means any activity that causes a credit
      or debit to the amount currently due. This list must include the date of the transaction, a brief
      description of the transaction, and the amount of the transaction for each activity on the list.
      (5) Partial payment information. If a statement reflects a partial payment that was placed in a
      suspense or unapplied funds account, information explaining what must be done for the funds to be
      applied. The information must be on the front page of the statement or, alternatively, may be included
      on a separate page enclosed with the periodic statement or in a separate letter. (6) Contact information.
      A toll-free telephone number and, if applicable, an electronic mailing address that may be used
      by the consumer to obtain information about the consumer ''s account, located on the front page
      of the statement. (7) Account information. The following information:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) The amount of the outstanding principal balance; (ii) The current interest rate
    in effect for the mortgage loan; (iii) The date after which the interest rate may next change; (iv)
    The existence of any prepayment penalty, as defined in § 1026.32(b)(6)(i) , that may be charged;'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (i) The amount of the outstanding principal balance; (ii) The current interest rate
      in effect for the mortgage loan; (iii) The date after which the interest rate may next change; (iv)
      The existence of any prepayment penalty, as defined in § 1026.32(b)(6)(i) , that may be charged;
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-v
  canonical_id: reg-z-1026.41-v
  section: 12 CFR §1026.41(v)
  description: '(v): (v) The Web site to access either the Bureau list or the HUD list of homeownership
    counselors and counseling organizations and the HUD toll-free telephone number to access contact information
    for homeownership counselors or counseling organizations; and (8) Delinquency information. If the
    consumer i…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(v) The Web site to access either the Bureau list or the HUD list of homeownership
      counselors and counseling organizations and the HUD toll-free telephone number to access contact
      information for homeownership counselors or counseling organizations; and (8) Delinquency information.
      If the consumer is more than 45 days delinquent, the following items, grouped together in close
      proximity to each other and located on the first page of the statement or, alternatively, on a separate
      page enclosed with the periodic statement or in a separate letter:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) The length of the consumer ''s delinquency; (ii) A notification of possible risks,
    such as foreclosure, and expenses, that may be incurred if the delinquency is not cured; (iii) An
    account history showing, for the previous six months or the period since the last time the account
    was current, whic…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (i) The length of the consumer 's delinquency; (ii) A notification of possible risks,
      such as foreclosure, and expenses, that may be incurred if the delinquency is not cured; (iii) An
      account history showing, for the previous six months or the period since the last time the account
      was current, whichever is shorter, the amount remaining past due from each billing cycle or, if
      any such payment was fully paid, the date on which it was credited as fully paid; (iv) A notice
      indicating any loss mitigation program to which the consumer has agreed, if applicable;
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-v
  canonical_id: reg-z-1026.41-v
  section: 12 CFR §1026.41(v)
  description: '(v): (v) A notice of whether the servicer has made the first notice or filing required
    by applicable law for any judicial or non-judicial foreclosure process, if applicable; (vi) The total
    payment amount needed to bring the account current; and (vii) A reference to the homeownership counselor
    information…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (v) A notice of whether the servicer has made the first notice or filing required
      by applicable law for any judicial or non-judicial foreclosure process, if applicable; (vi) The
      total payment amount needed to bring the account current; and (vii) A reference to the homeownership
      counselor information disclosed pursuant to paragraph (d)(7)(v) of this section.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-e
  canonical_id: reg-z-1026.41-e
  section: 12 CFR §1026.41(e)
  description: '(e): (e) Exemptions —(1) Reverse mortgages. Reverse mortgage transactions, as defined
    by § 1026.33(a) , are exempt from the requirements of this section. (2) Timeshare plans. Transactions
    secured by consumers'' interests in timeshare plans, as defined by 11 U.S.C. 101(53D) , are exempt
    from the requiremen…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(e) Exemptions —(1) Reverse mortgages. Reverse mortgage transactions, as defined
      by § 1026.33(a) , are exempt from the requirements of this section. (2) Timeshare plans. Transactions
      secured by consumers'' interests in timeshare plans, as defined by 11 U.S.C. 101(53D) , are exempt
      from the requirements of this section. (3) Coupon books. The requirements of paragraph (a) of this
      section do not apply to fixed-rate loans if the servicer:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) Provides the consumer with a coupon book that includes on each coupon the information
    listed in paragraph (d)(1) of this section; (ii) Provides the consumer with a coupon book that includes
    anywhere in the coupon book: (A) The account information listed in paragraph (d)(7) of this section;
    (B) T…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) Provides the consumer with a coupon book that includes on each coupon the information
      listed in paragraph (d)(1) of this section; (ii) Provides the consumer with a coupon book that includes
      anywhere in the coupon book: (A) The account information listed in paragraph (d)(7) of this section;
      (B) The contact information for the servicer, listed in paragraph (d)(6) of this section; and (C)
      Information on how the consumer can obtain the information listed in paragraph (e)(3)(iii) of this
      section; (iii) Makes available upon request to the consumer by telephone, in writing, in person
      , or electronically, if the consumer consents, the information listed in paragraph (d)(2) through
      (5) of this section; and (iv) Provides the consumer the information listed in paragraph (d)(8) of
      this section in writing, for any billing cycle during which the consumer is more than 45 days delinquent.
      (4) Small servicers —(i) Exemption. A creditor, assignee, or servicer is exempt from the requirements
      of this section for mortgage loans serviced by a small servicer. (ii) Small servicer defined. A
      small servicer is a servicer that: (A) Services, together with any affiliates, 5,000 or fewer mortgage
      loans , for all of which the servicer (or an affiliate) is the creditor or assignee; (B) Is a Housing
      Finance Agency, as defined in 24 CFR 266.5 ; or (C) Is a nonprofit entity that services 5,000 or
      fewer mortgage loans , including any mortgage loans serviced on behalf of associated nonprofit entities,
      for all of which the servicer or an associated nonprofit entity is the creditor. For purposes of
      this paragraph (e)(4)(ii)(C), the following definitions apply: (1) The term “nonprofit entity” means
      an entity having a tax exemption ruling or determination letter from the Internal Revenue Service
      under section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. 501(c)(3) ; 26 CFR 1.501
      (c)(3)-1), and; (2) The term “associated nonprofit entities” means nonprofit entities that by agreement
      operate using a common name, trademark, or servicemark to further and support a common charitable
      mission or purpose. (iii) Small servicer determination. In determining whether a servicer satisfies
      paragraph (e)(4)(ii)(A) of this section, the servicer is evaluated based on the mortgage loans serviced
      by the servicer and any affiliates as of January 1 and for the remainder of the calendar year. In
      determining whether a servicer satisfies paragraph (e)(4)(ii)(C) of this section, the servicer is
      evaluated based on the mortgage loans serviced by the servicer as of January 1 and for the remainder
      of the calendar year. A servicer that ceases to qualify as a small servicer will have six months
      from the time it ceases to qualify or until the next January 1, whichever is later, to comply with
      any requirements from which the servicer is no longer exempt as a small servicer. The following
      mortgage loans are not considered in determining whether a servicer qualifies as a small servicer:
      (A) Mortgage loans voluntarily serviced by the servicer for a non-affiliate of the servicer and
      for which the servicer does not receive any compensation or fees. (B) Reverse mortgage transactions.
      (C) Mortgage loans secured by consumers'' interests in timeshare plans. (D) Transactions serviced
      by the servicer for a seller financer that meets all of the criteria identified in § 1026.36(a)(5)
      . (5) Certain consumers in bankruptcy —(i) Exemption. Except as provided in paragraph (e)(5)(ii)
      of this section, a servicer is exempt from the requirements of this section with regard to a mortgage
      loan if: (A) Any consumer on the mortgage loan is a debtor in bankruptcy under title 11 of the United
      States Code or has discharged personal liability for the mortgage loan pursuant to 11 U.S.C. 727
      , 1141 , 1228 , or 1328 ; and (B) With regard to any consumer on the mortgage loan: (1) The consumer
      requests in writing that the servicer cease providing a periodic statement or coupon book; (2) The
      consumer ''s bankruptcy plan provides that the consumer will surrender the dwelling securing the
      mortgage loan, provides for the avoidance of the lien securing the mortgage loan, or otherwise does
      not provide for, as applicable, the payment of pre-bankruptcy arrearage or the maintenance of payments
      due under the mortgage loan; (3) A court enters an order in the bankruptcy case providing for the
      avoidance of the lien securing the mortgage loan, lifting the automatic stay pursuant to 11 U.S.C.
      362 with regard to the dwelling securing the mortgage loan, or requiring the servicer to cease providing
      a periodic statement or coupon book; or (4) The consumer files with the court overseeing the bankruptcy
      case a statement of intention pursuant to 11 U.S.C. 521(a) identifying an intent to surrender the
      dwelling securing the mortgage loan and a consumer has not made any partial or periodic payment
      on the mortgage loan after the commencement of the consumer ''s bankruptcy case. (ii) Reaffirmation
      or consumer request to receive statement or coupon book. A servicer ceases to qualify for an exemption
      pursuant to paragraph (e)(5)(i) of this section with respect to a mortgage loan if the consumer
      reaffirms personal liability for the loan or any consumer on the loan requests in writing that the
      servicer provide a periodic statement or coupon book, unless a court enters an order in the bankruptcy
      case requiring the servicer to cease providing a periodic statement or coupon book. (iii) Exclusive
      address. A servicer may establish an address that a consumer must use to submit a written request
      under paragraph (e)(5)(i)(B)( 1 ) or (e)(5)(ii) of this section, provided that the servicer notifies
      the consumer of the address in a manner that is reasonably designed to inform the consumer of the
      address. If a servicer designates a specific address for requests under paragraph (e)(5)(i)(B)(
      1 ) or (e)(5)(ii) of this section, the servicer shall designate the same address for purposes of
      both paragraphs (e)(5)(i)(B)( 1 ) and (e)(5)(ii) of this section. (iv) Timing of compliance following
      transition —(A) Triggering events for transitioning to modified and unmodified periodic statements.
      A servicer transitions to providing a periodic statement or coupon book with the modifications set
      forth in paragraph (f) of this section or to providing a periodic statement or coupon book without
      such modifications when one of the following three events occurs: (1) A mortgage loan becomes subject
      to the requirements of paragraph (f) of this section; (2) A mortgage loan ceases to be subject to
      the requirements of paragraph (f) of this section; or (3) A servicer ceases to qualify for an exemption
      pursuant to paragraph (e)(5)(i) of this section with respect to a mortgage loan. (B) Single-statement
      exemption. As of the date on which one of the events listed in paragraph (e)(5)(iv)(A) of this section
      occurs, a servicer is exempt from the requirements of this section with respect to the next periodic
      statement or coupon book that would otherwise be required but thereafter must provide modified or
      unmodified periodic statements or coupon books that comply with the requirements of this section.
      (6) Charged-off loans.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) A servicer is exempt from the requirements of this section for a mortgage loan
    if the servicer: (A) Has charged off the loan in accordance with loan-loss provisions and will not
    charge any additional fees or interest on the account; and (B) Provides, within 30 days of charge-off
    or the most rece…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) A servicer is exempt from the requirements of this section for a mortgage loan
      if the servicer: (A) Has charged off the loan in accordance with loan-loss provisions and will not
      charge any additional fees or interest on the account; and (B) Provides, within 30 days of charge-off
      or the most recent periodic statement, a periodic statement, clearly and conspicuously labeled “Suspension
      of Statements & Notice of Charge Off—Retain This Copy for Your Records.” The periodic statement
      must clearly and conspicuously explain that, as applicable, the mortgage loan has been charged off
      and the servicer will not charge any additional fees or interest on the account; the servicer will
      no longer provide the consumer a periodic statement for each billing cycle ; the lien on the property
      remains in place and the consumer remains liable for the mortgage loan obligation and any obligations
      arising from or related to the property, which may include property taxes; the consumer may be required
      to pay the balance on the account in the future, for example, upon sale of the property; the balance
      on the account is not being canceled or forgiven; and the loan may be purchased, assigned, or transferred.
      (ii) Resuming compliance. (A) If a servicer fails at any time to treat a mortgage loan that is exempt
      under paragraph (e)(6)(i) of this section as charged off or charges any additional fees or interest
      on the account, the obligation to provide a periodic statement pursuant to this section resumes.
      (B) Prohibition on retroactive fees. A servicer may not retroactively assess fees or interest on
      the account for the period of time during which the exemption in paragraph (e)(6)(i) of this section
      applied.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-f
  canonical_id: reg-z-1026.41-f
  section: 12 CFR §1026.41(f)
  description: '(f): (f) Modified periodic statements and coupon books for certain consumers in bankruptcy.
    While any consumer on a mortgage loan is a debtor in bankruptcy under title 11 of the United States
    Code, or if such consumer has discharged personal liability for the mortgage loan pursuant to 11 U.S.C.
    727 , 114…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(f) Modified periodic statements and coupon books for certain consumers in bankruptcy.
      While any consumer on a mortgage loan is a debtor in bankruptcy under title 11 of the United States
      Code, or if such consumer has discharged personal liability for the mortgage loan pursuant to 11
      U.S.C. 727 , 1141 , 1228 , or 1328 , the requirements of this section are subject to the following
      modifications with regard to that mortgage loan: (1) Requirements not applicable. The periodic statement
      may omit the information set forth in paragraphs (d)(1)(ii) and (d)(8)(i), (ii), and (v) of this
      section. The requirement in paragraph (d)(1)(iii) of this section that the amount due must be shown
      more prominently than other disclosures on the page shall not apply. (2) Bankruptcy notices. The
      periodic statement must include the following:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) A statement identifying the consumer ''s status as a debtor in bankruptcy or
    the discharged status of the mortgage loan; and (ii) A statement that the periodic statement is for
    informational purposes only. (3) Chapter 12 and chapter 13 consumers. In addition to any other provisions
    of this paragr…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) A statement identifying the consumer ''s status as a debtor in bankruptcy or
      the discharged status of the mortgage loan; and (ii) A statement that the periodic statement is
      for informational purposes only. (3) Chapter 12 and chapter 13 consumers. In addition to any other
      provisions of this paragraph (f) that may apply, with regard to a mortgage loan for which any consumer
      with primary liability is a debtor in a chapter 12 or chapter 13 bankruptcy case, the requirements
      of this section are subject to the following modifications:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-i
  canonical_id: reg-z-1026.41-i
  section: 12 CFR §1026.41(i)
  description: '(i): (i) Requirements not applicable. In addition to omitting the information set forth
    in paragraph (f)(1) of this section, the periodic statement may also omit the information set forth
    in paragraphs (d)(8)(iii), (iv), (vi), and (vii) of this section. (ii) Amount due. The amount due
    information set for…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(i) Requirements not applicable. In addition to omitting the information set forth
      in paragraph (f)(1) of this section, the periodic statement may also omit the information set forth
      in paragraphs (d)(8)(iii), (iv), (vi), and (vii) of this section. (ii) Amount due. The amount due
      information set forth in paragraph (d)(1) of this section may be limited to the date and amount
      of the post-petition payments due and any post-petition fees and charges imposed by the servicer.
      (iii) Explanation of amount due. The explanation of amount due information set forth in paragraph
      (d)(2) of this section may be limited to: (A) The monthly post-petition payment amount , including
      a breakdown showing how much, if any, will be applied to principal, interest, and escrow; (B) The
      total sum of any post-petition fees or charges imposed since the last statement; and (C) Any post-petition
      payment amount past due. (iv) Transaction activity. The transaction activity information set forth
      in paragraph (d)(4) of this section must include all payments the servicer has received since the
      last statement, including all post-petition and pre-petition payments and payments of post-petition
      fees and charges, and all post-petition fees and charges the servicer has imposed since the last
      statement. The brief description of the activity need not identify the source of any payments.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-v
  canonical_id: reg-z-1026.41-v
  section: 12 CFR §1026.41(v)
  description: '(v): (v) Pre-petition arrearage. If applicable, a servicer must disclose, grouped in close
    proximity to each other and located on the first page of the statement or, alternatively, on a separate
    page enclosed with the periodic statement or in a separate letter: (A) The total of all pre-petition
    payments …'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: '(v) Pre-petition arrearage. If applicable, a servicer must disclose, grouped in
      close proximity to each other and located on the first page of the statement or, alternatively,
      on a separate page enclosed with the periodic statement or in a separate letter: (A) The total of
      all pre-petition payments received since the last statement; (B) The total of all pre-petition payments
      received since the beginning of the consumer ''s bankruptcy case; and (C) The current balance of
      the consumer ''s pre-petition arrearage. (vi) Additional disclosures. The periodic statement must
      include, as applicable: (A) A statement that the amount due includes only post-petition payments
      and does not include other payments that may be due under the terms of the consumer ''s bankruptcy
      plan; (B) If the consumer ''s bankruptcy plan requires the consumer to make the post-petition mortgage
      payments directly to a bankruptcy trustee, a statement that the consumer should send the payment
      to the trustee and not to the servicer; (C) A statement that the information disclosed on the periodic
      statement may not include payments the consumer has made to the trustee and may not be consistent
      with the trustee''s records; (D) A statement that encourages the consumer to contact the consumer
      ''s attorney or the trustee with questions regarding the application of payments; and (E) If the
      consumer is more than 45 days delinquent on post-petition payments, a statement that the servicer
      has not received all the payments that became due since the consumer filed for bankruptcy. (4) Multiple
      obligors. If this paragraph (f) applies in connection with a mortgage loan with more than one primary
      obligor , the servicer may provide the modified statement to any or all of the primary obligors,
      even if a primary obligor to whom the servicer provides the modified statement is not a debtor in
      bankruptcy. (5) Coupon books. A servicer that provides a coupon book instead of a periodic statement
      under paragraph (e)(3) of this section must include in the coupon book the disclosures set forth
      in paragraphs (f)(2) and (f)(3)(vi) of this section, as applicable. The servicer may include these
      disclosures anywhere in the coupon book provided to the consumer or on a separate page enclosed
      with the coupon book. The servicer must make available upon request to the consumer by telephone,
      in writing, in person , or electronically, if the consumer consents, the information listed in paragraph
      (f)(3)(v) of this section, as applicable. The modifications set forth in paragraphs (f)(1) and (f)(3)(i)
      through (iv) and (vi) of this section apply to a coupon book and other information a servicer provides
      to the consumer under paragraph (e)(3) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.41-g
  canonical_id: reg-z-1026.41-g
  section: 12 CFR §1026.41(g)
  description: '(g): (g) Successor in interest. If, upon confirmation, a servicer provides a confirmed
    successor in interest who is not liable on the mortgage loan obligation with a written notice and
    acknowledgment form in accordance with Regulation X, § 1024.32(c)(1) of this chapter, the servicer
    is not required to pr…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.41(a)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.41
    snapshot_id: e623a82c0e365a3a
    fetched_at: '2026-05-23T01:44:33Z'
    content_hash: sha256:c139fd5a4935e26e4038e821c0da0f9798daf782ac665264dfac5385c41fada8
    paragraph_quote: (g) Successor in interest. If, upon confirmation, a servicer provides a confirmed
      successor in interest who is not liable on the mortgage loan obligation with a written notice and
      acknowledgment form in accordance with Regulation X, § 1024.32(c)(1) of this chapter, the servicer
      is not required to provide to the confirmed successor in interest any written disclosure required
      by this section unless and until the confirmed successor in interest either assumes the mortgage
      loan obligation under State law or has provided the servicer an executed acknowledgment in accordance
      with Regulation X, § 1024.32(c)(1)(iv) of this chapter, that the confirmed successor in interest
      has not revoked. [ 78 FR 11007 , Feb. 14, 2013, as amended at 78 FR 44718 , July 24, 2013; 78 FR
      63005 , Oct. 23, 2013; 79 FR 65322 , Nov. 3, 2014; 81 FR 72388 , Oct. 19, 2016; 83 FR 10559 , Mar.
      12, 2018] Internal Revenue Code of 1986 CFR Toolbox Law about... Articles from Wex Table of Popular
      Names Parallel Table of Authorities Accessibility About LII Contact us Advertise here Help Terms
      of use Privacy
    drafter_attestation: Verbatim subsection of 12 CFR §1026.41 from Cornell LII snapshot e623a82c0e365a3a;
      body isolated between nav and notes; substring-verified.
  judgment: false
