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12 USC § 4904 - Notification upon cancellation or termination

---
identifier: "/us/usc/t12/s4904"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4904 - Notification upon cancellation or termination"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4904"
section_name: "Notification upon cancellation or termination"
chapter_number: 49
chapter_name: "HOMEOWNERS PROTECTION"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 105–216, § 5, July 29, 1998, 112 Stat. 903.)"
---

# § 4904. Notification upon cancellation or termination

**(a)** **In general** Not later than 30 days after the date of cancellation or termination of a private mortgage insurance requirement in accordance with this chapter, the servicer shall notify the mortgagor in writing—

**(1)** that the private mortgage insurance has terminated and that the mortgagor no longer has private mortgage insurance; and

**(2)** that no further premiums, payments, or other fees shall be due or payable by the mortgagor in connection with the private mortgage insurance.

**(b)** **Notice of grounds**

**(1)** **In general** section 4902 of this title

If a servicer determines that a mortgage did not meet the requirements for termination or cancellation of private mortgage insurance under subsection (a) or (b) of , the servicer shall provide written notice to the mortgagor of the grounds relied on to make the determination (including the results of any appraisal used to make the determination).

**(2)** **Timing** Notice required by paragraph (1) shall be provided—

**(A)** with respect to cancellation of private mortgage insurance under section 4902(a) of this title, not later than 30 days after the later of—

**(i)** the date on which a request is received under section 4902(a)(1) of this title; or

**1** the date on which the mortgagor satisfies any evidence and certification requirements under section 4902(a)(3) [^1] of this title; and

See References in Text note below.

**(B)** with respect to termination of private mortgage insurance under section 4902(b) of this title, not later than 30 days after the scheduled termination date.

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**Source Credit**: (Pub. L. 105–216, § 5, July 29, 1998, 112 Stat. 903.)

## Editorial Notes

### References in Text

, referred to in subsec. (b)(2)(A)(ii), was redesignated  by , , .

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 1 year after , see , set out as a note under .