Successor in Interest

Updated May 17, 2026

A "successor in interest" refers to a person to whom a property is transferred upon the death of a borrower.

Regulatory Framework

This concept was formally incorporated into Truth in Lending Act (TILA) and Regulation Z (12 CFR 1026.2(a)(11) and (27)) by the 2016 Servicing Rule.

Rights and Protections

Under Regulation Z, successors in interest are afforded certain protections and rights related to loan servicing, similar to those of the original borrower. This includes rights concerning:

• Mortgage transfer disclosures (§ 1026.39)
• Periodic statements for residential mortgage loans (§ 1026.41)