Accelerated Loans – When a loan has been accelerated the
periodic statement must:
Generally, show the accelerated amount in the amount due
section.
If the servicer is willing to accept a reinstatement amount that
is less than the accelerated amount, the lesser amount MUST
be shown as the amount due, though the accelerated amount
must also be shown on the periodic statement.
Servicers may use a "good through" or "as of" date when
disclosing the reinstatement amount.
11
Accelerated Loans
