Answer: No, your obligation is complete once you send your first “Notice of Loan Action” (adverse action), unless you decide to keep following up on your own. Here is a link to Regulation B which governs this topic: www.consumerfinance.gov/eregulations/1002-Subpart-Interp/2011-31714#1002-2-f-Interp-1 Copyright – 2017 – MortgageCurrentcy.com

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