How Much Counseling Does One Borrower Need?

Audit and Accounting

January 01, 2014
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Currently there are only two Home Ownership Counseling Notices required. They are required by the Housing and Urban Development Act of 1968 (12 U.S.C 1701x) (the “Act”), but come January 10, 2014, three new counseling disclosures must be added to compliance procedures for financial institutions.

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