A mortgagee is not liable under section 655.3 if all of the following apply:

1. 1. The mortgagee established reasonable procedures to achieve compliance with its obligations under section 655.3.
2. 2. The mortgagee complied with that procedure in good faith.
3. 3. The mortgagee was unable to comply with its obligations because of circumstances beyond its control.

2018 Acts, ch 1036, §5; 2018 Acts, ch 1172, §35