(3) in the third column, the following language: "This is the dollar cost of your financing. Use a standard business letter format with your name, contact information, and the date at the top.The TILARESPA Rule provides a detailed explanation of how the forms should be filled out and used. A servicer shall deliver to each borrower a plain language statement of the borrower's account that lists the unpaid principal balance of the mortgage loan. The information you provide will permit the CFPB to process your request or inquiry. A Guide to HMDA Reporting: Getting It Right! The purpose of this form is to provide borrowers with a structured template to communicate with their lenders regarding the payoff of debts. The result of these calculations must be truncated (shortened) to two decimal places, then rounded up to the nearest whole percent. "UCC" means the Uniform Commercial Code as in effect from time to time in the State of New York. Fast Application, Competitive Rates And Quick Decisions.