If your institution qualifies as a “small servicer,” you will be exempt from all of the periodic statement requirements. 12 CFR 1026.41(e)(4). You will be considered a small servicer if your institution and any affiliates were servicing a total of 5,000 or fewer mortgage loans as of January 1 of this year, provided that your institution (or an affiliate) originated or currently owns those loans. 12 CFR 1026.41(e)(4)(ii). The loans that count towards the total are “closed-end consumer credit transactions secured by a dwelling.” Official Interpretations, 12 CFR 1026, Paragraph 41(e)(4)(ii), Comment 1.