Description
Learn how to process closed-end real estate-secured loan notices of errors (formerly called: qualified written requests (QWRs)) in compliance with RESPA, and Regulation X.
What Youll Learn
After successfully completing the course, you will be able to:
Learn the steps a servicer must take when responding to notices of error on mortgage loans in order to comply with RESPA requirements;
Identify the timeframes notices of error must be acknowledged and responded to and what specific information must be included
Understand the borrowers rights to receive documentation utilized during the investigation
Identify additional restrictions when dealing with allegations of errors
