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Email The Helping Families Save Their Homes Act of 2009 (the “Act”) became effective immediately upon its enactment on May 20, 2009. Section 404(a) of the Act amends the Truth in Lending Act (“TILA”) by adding a new subsection (g) to Section 131 of TILA. This new subsection requires purchasers or assignees of mortgage loans secured by a mortgagor’s principal dwelling to mail or deliver notice of such sale, transfer or assignment to the mortgagor no later than 30 days after such sale, transfer or assignment. https://www.cadwalader.com/resources/clients-friends-memos/interim-final-rule-interpreting-the-helping-families-save-their-homes-act-of-2009-takes-effect