704.02B
Late Partial Payment
If the BorrowerBorrowerPerson who is the obligor per the Note. makes a late and partial payment, within five (5) business days after receipt of the late and partial payment the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g., the originator, the selling Lender, or a third-party servicer). must send to the BorrowerBorrowerPerson who is the obligor per the Note. , under the ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g., the originator, the selling Lender, or a third-party servicer). ’s letterhead, the Multifamily Partial Payment Letter – Fees (Optional) Assessed (Form 4806).