Post Number: 1578
|Posted on Friday, October 31, 2003 - 04:23 pm: ||
NONE of the people who posted here and most likely will lose their homes and can't find a competent attorney had their accounting. STOP whining and complaining, START demanding the accounting.
Sample Qualified Written Request Under RESPA
VIA CERTIFIED MAIL (or any mail with delivery confirmation, I like priority mail)
Attn: Mortgage Loan Accounting Department
Re: Loan # (number)
(borrower name and property address)
To Whom It May Concern:
(Loan servicer name) is the servicer of our mortgage loan at the above address. We dispute the amount that is owed according to the Monthly Billing Statement and request that you send us information about the fees, costs and escrow accounting on our loan. This is a ‘‘qualified written request’’ pursuant to the Real Estate Settlement and Procedures Act (section 2605(e)).
Specifically, we are requesting an itemization of the following:
1) a complete payment history, including but not limited to the dates and amounts of all the payments we have made on the loan to date;
2) a breakdown of the amount of claimed arrears or delinquencies;
3) an explanation of how the amount due on the Monthly Billing Statement ($1,000) was calculated and a explanation of why this amount was increased to $2,000 on August 1, 2001;
4) the payment dates, purpose of payment and recipient of any and all foreclosure fees and costs that have been charged to our account;
5) the payment dates, purpose of payment and recipient of all escrow items charged to our account since [date they took over the servicing];
6) a breakdown of the current escrow charge showing how it is calculated and the reasons for any increase within the last twenty-four months; and
7) a copy of any annual escrow statements and notices of a shortage, deficiency or surplus, sent to us within the last three (3) years.
Thank you for taking the time to acknowledge and answer this request as required by the Real Estate Settlement and Procedures Act (section 2605(e)).
Very truly yours,