The new federal periodic statement rule requires mortgage lenders and servicers to provide homeowners with prompt, regular, and accurate information about their mortgage loans.
"...The new periodic statement rule requires mortgage lenders and servicers to provide homeowners with prompt, regular, and accurate information about their mortgage loans. Under the new federal rule, which went into effect on January 10, 2014, mortgage servicers must send monthly statements (there are some exceptions) that contain detailed information about your payment, delinquency, and who to contact for questions.
Read on to learn more about what information must now be included in your monthly mortgage statement and how that information can help you avoid problems with your payments and your servicer..."
What Is the Deadline for a Mortgage Interest Statement?
...In most cases, your lender will provide your total mortgage interest payments and other information at the end of each year on a Form 1098, Mortgage Interest Statement. The lender must have the statement in the mail by Feb. 15 or by the following business day if Feb. 15 falls on a weekend or holiday...SEE: Included Information, Reporting Exceptions, Electronic Statements, nternal Revenue Service Filing..."SRC: https://finance.zacks.com/deadline-mortgage-interest-statement-5860.html