(a) The Commissioner or Director shall review and analyze the default and foreclosure
rate data reports submitted under Section 115.
(b) The reports and their analyses may be used for the following purposes:
(1) In setting the scope of a regularly scheduled examination.
(2) In setting the scope of a special examination.
(3) In comparing the reported information of a servicer.
(c) The Commissioner or the Director may correspond with a servicer to seek clarification
of information contained in its report and to gather additional data concerning loans
in default or loans in foreclosure.
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