A federal judge in Louisiana has dismissed a lawsuit alleging a loan servicing company violated RESPA by not responding to a couple’s Qualified Written Requests (QWRs) seeking insurance proceeds to repair a hurricane-damaged home.
The plaintiffs claimed Select Portfolio Servicing, Inc. also violated RESPA by maintaining an excessive balance in their escrow account, instead of disbursing insurance proceeds which would have allowed them to repair the property damaged by Hurricane Isaac.
Read on to learn why the case was dismissed.
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