With litigation involving RESPA Section 2605 on the rise, we’re going back to QWR basics as attorney Brian Larkin discusses some of the finer points of one of RESPA’s most obtuse provisions and how it has been impacted by certain provisions of the Dodd-Frank Act. What must a borrower include in a QWR under RESPA? What responsibilities do mortgage servicers have when they receive a QWR? What response deadlines are triggered by a QWR being sent and received? What must a mortgage servicer’s response include? In the first of our two-part series, Larkin begins to answer these questions.
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