What is a Closed-End Real Estate-Secured Loan Notice of Error?
Course Number: ABA
Course Code: n/a
Accurately identify closed-end real estate-secured loan notices of error (formerly called qualified written requests or QWRs).
What You’ll Learn
After successfully completing the course, you will be able to:
- Identify RESPA requirements that dictate what a servicer must do when responding to “notices of error” on covered mortgage loans
- Review the RESPA specified list of what qualifies as a “notice of error”
- Identify exceptions where notices of error need not be investigated