§ 266.515. Record retention.
67 words·~1 min read·
/us/cfr/t24/s§ 266.515·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Loan origination and servicing. Records pertaining to the mortgage loan origination and servicing of the loan must be maintained for as long as the insurance remains in force.
(b)Defaults and claims. Records pertaining to a mortgage default and claim must be retained from the date of default through final settlement of the claim for a period of no less than three years after final settlement.