Your statement includes the following information:
The amount due on your mortgage, the payment due date, the amount of any late fee if we do not receive payment by the due date. If your note has multiple payment options, the statement will show the amounts due under every option.
An explanation of the amount due and how much of your payment will be applied to principal, interest and escrow. If your note has multiple payment options, the statement will detail whether the principal balance with increase, decrease or stay the same. It will also list the amount of any fees or charges imposed since the prior statement and any amount past due.
A breakdown of past payments, including amounts received and applied to principal, interest, escrow, fees and charges, and any amount sent to any suspense or unapplied funds account. It will also list the total of all payments received since the beginning of the current calendar year using the same breakdown.
A list of all transactions that have occurred since the last statement. A transaction is any activity that causes a credit or debit to be applied to the amount currently due. This list includes the date of the transaction, a brief description of the transaction, and the amount of the transaction for each activity on the list.
Partial payment information. If a statement reflects a partial payment that was placed in suspense or unapplied funds account, the statement provides information explaining what must be done for the funds to be applied.
Contact information that includes a toll-free telephone number.
Account information that includes the amount of the outstanding principal balance, the current interest rate; the date after which the interest rate may next change; the existence of any prepayment penalty that may be charged, and Web address for either the Bureau list or the HUD list of home ownership counselors and counseling organizations and the HUD toll-free telephone number to access contact information for home ownership counselors or counseling organizations.
Delinquency information, which indicates whether your loan is more than 45 days delinquent; the date on which the loan became delinquent; a notification of possible risks, such as foreclosure, and expenses, that may be incurred if the delinquency is not cured; an account history showing, for the previous six months or the period since the last time the account was current (whichever is shorter), the amount remaining past due from each billing cycle or, if any such payment was fully paid, the date on which it was credited as fully paid; a notice indicating any loss mitigation program to which you have agreed, if applicable; a notice of whether we have made the first notice or filing required by applicable law for any judicial or non-judicial foreclosure process, if applicable; the total payment amount needed to bring the account current; and a reference to home ownership counselor information.