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Real Estate & Property Law

: The Home Equity Theft Reporter

HUD: Watch Out For Upfront Fee "QWR" Scams

By r morris

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From the Department of Housing and Urban Development:Beware of entities contacting you to prepare a qualified written request (QWR) for a fee. Section 6 of RESPA, per 12 U.S.C. § 2605, provides that a borrower may send a QWR directly to a loan servicer for information relating to the servicing of a federally related mortgage loan. When sending a QWR, you should be specific about the problems that

Full post as published by The Home Equity Theft Reporter on February 19, 2010 (boomark / email).

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