The Forms Professionals Trust! ™
Free Preview qualified written
Description qualified request
12 USC 2605(e) creates a duty of a loan servicer to respond to the inquiries of borrowers regarding loans covered by RESPA. If the borrower believes there is an error in the mortgage account, he or she can make a qualified written request to the loan servicer. The request must be in writing, identify the borrower by name and account, and include a statement of reasons why the borrower believes the account is in error. The request should include the words "qualified written request". It cannot be written on the payment coupon, but must be on a separate piece of paper. The Department of Housing and Urban Development provides a sample letter.
The servicer must acknowledge receipt of the request within 20 days. The servicer then has 60 days (from the request) to take action on the request. The servicer has to either provide a written notification that the error has been corrected, or provide a written explanation as to why the servicer believes the account is correct. Either way, the servicer has to provide the name and telephone number of a person with whom the borrower can discuss the matter.
- View Judgment Foreclosing Mortgage and Ordering Sale
- View Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
- View Complaint or Petition by Purchaser Against Possessor of Real Property After a Foreclosure Sale Pursuant to a Deed of Trust
- View Notice and Demand to Mortgagor regarding Intent to Foreclose
All forms provided by US Legal Forms, the nations leading legal forms publisher. When you need qualified request template, don't accept anything less than the USlegal™ brand. "The Forms Professionals Trust ™
Gold Award 2006-2018
BEST Legal Forms Company
11 Year Winner in all Categories:
Forms, Features, Customer Service
and Ease of Use.