Annual Income Verification Required By the FDIC?

[Account Closed]

Letter from the bank today says that I must verify my income every year on my 1-4 Family Non-Owner Occupied Mortgage.

They say this is a new change in the FDIC regulatory requirements.

I can't find a dang thing about it online.  

Can anyone help me find something so I can read about it?

[Tyler Mullen]

Don't send anything anywhere until you contact your mortgage company separately to verify the request.

Do this through the phone, using a number off your regular monthly statement, NOT any phone numbers from the letter you just posted!  I'd also recommend calling from a cell phone, not your land line.