Good afternoon,
Please confirm the number of days the rate and payment change notice for an ARM must be sent to the borrower. This would be after the first adjustment on a 5/5 with a payment change. It seems that between 60-120 days is correct per regulation.
Thank you.

You have posted this in the New York forum. Are you asking about Regulation Z or a specific New York law requirement?

I am asking about Reg Z.
Thank you.

1026.20(d) Initial rate adjustment. The creditor, assignee, or servicer of an adjustable-rate mortgage shall provide consumers with disclosures, as described in this paragraph (d), in connection with the initial interest rate adjustment pursuant to the loan contract. To the extent that other provisions of this subpart C govern the disclosures required by this paragraph (d), those provisions apply to assignees and servicers as well as to creditors. The disclosures required by this paragraph (d) shall be provided as a separate document from other documents provided by the creditor, assignee, or servicer. The disclosures shall be provided to consumers at least 210, but no more than 240, days before the first payment at the adjusted level is due. If the first payment at the adjusted level is due within the first 210 days after consummation, the disclosures shall be provided at consummation.

https://www.bankersonline.com/regulations/12-1026-020#20d

My apologies - I am inquiring about all subsequent rate and payment change notices after the initial notice.

Then refer to paragraph 1026.20(c)