Not exact matches
Nevertheless, all this is only a «meaning»; the words still remain
general and
carry no
obligation.
Seems to me that to a
general audience they have an
obligation to explain that their usage is substantially different — and
carries very different connotations — from the common one.
Many policies also impose a
general obligation on you to take reasonable precautionary measures to prevent loss — for instance clearing your gutters to reduce the risk of leaves in the gutter catching fire from embers
carried by the wind.
In answer to questions on notice from Senator McKiernan about funding for RNTBCs and whether financial provisions are made to enable them to effectively
carry out their legal
obligations, on 31 May 2002 the Attorney -
General's Department provided the following answer:
These rules establish: (1) Early intervention for troubled and delinquent borrowers, and loss mitigation procedures, pursuant to the Bureau's authority under section 6 of RESPA, as amended by Dodd - Frank Act section 1463; (2)
obligations for mortgage servicers that the Bureau found to be appropriate to
carry out the consumer protection purposes of RESPA, as well as its authority under section 19 (a) of RESPA to prescribe rules necessary to achieve the purposes of RESPA; and (3) requirements for
general servicing standards, policies, and procedures and continuity of contact, pursuant to the Bureau's authority under section 19 (a) of RESPA.