Thursday, July 3, 2014

SAMPLE QUALIFIED WRITTEN REQUEST LETTER -- OBTAIN INFORMATION ABOUT YOUR MORTGAGE



Below is a Sample Qualified Written Request Letter.  
Please consult with your attorney as to using this letter to obtain free information from Chase regarding your mortgage. 



Chase Attention: Consumer Care Research
Mail Code 01-14-7302
P.O. Box 24696
Columbus, OH 43224-0696
Facsimile: 614-422-7575


Re:   Property Address
         Loan Number
         Mortgagor(s)

Dear Sir/Madam:

This is a Request for Information related to your servicing of the mortgage loan of the above-named debtor.  All references herein are to Regulation X of the Mortgage Servicing Act as amended by the Consumer Financial Protection Bureau pursuant to the Dodd Frank Act. 

Pursuant to Section 1024.36(c) of Regulation X, you must within five (5) days (excluding legal public holidays, Saturdays and Sundays) provide our office with a response to this Request acknowledging receipt this information request. 

Pursuant to Section 1024.36(d)(ii)(2)(A), not later than ten (10) days (excluding public holidays, Saturdays and Sundays) after you receive this request for information you must provide us with the identify of, and address or other relevant contact information for the owner of the mortgage loan identified herein.  For all of the other information requested herein, and except as otherwise noted in red below, and pursuant to Section 1024.36(d)(ii)(2)(B), you must respond not later than thirty (30) days excluding legal public holidays, Saturdays and Sundays) after you receive this request for information. 

Please provide the following information within the time periods noted herein:
1.     The identity of and address for the current owner of the mortgage loan identified herein.
2.     The identity of and address for the master servicer of the mortgage loan identified herein.
3.     The identify of and address for the current servicer of the mortgage loan identified herein.
4.     An exact reproduction of the life of loan mortgage transactional history for this loan on the system of record used by the servicer.  For purposes of identification, the life of loan transactional history means any software program or system by which the servicer records the current mortgage balance, the receipt of all payments, the assessment of any late fees or charges, and the recording of any corporate advances for fees or charges including but not limited to property inspection fees, broker price opinion fees, legal fees, escrow fees, processing fees, technology fees, or any other collateral charge.  Also, to the extent this life of loan transactional history includes in numeric or alpha-numeric codes, please attached a complete list of all such codes and state in plain English a short description for each such code.
5.     An exact reproduction of the manually prepared XLS worksheet for the mortgage loan in this case prepared by one or more employees of the current mortgage servicer for the mortgage loan identified herein.
6.     A detailed summary of all corporate advances made against the mortgage loan identified here in that you consider to be non-recoverable as against the obligor of the mortgage loan identified herein.
7.     A detailed summary of al corporate advances made against the mortgage loan identified herein that you consider to be recoverable against the obligor of the mortgage loan identified herein.
8.     Copies of all property inspection reports for the mortgage loan identified herein.
9.     Copies of all broker price opinions for the mortgage loan identified herein.
10.  A current and itemized statement of the amount needed to payoff the mortgage loan identified herein in full.  This payoff must be provided within 10 days of the date of your receipt of this Request.
11.  A current and itemized statement of the amount needed to reinstate to a current status the mortgage loan identified herein.  This statement must be provided within 10 days of the date of your receipt of this Request.
12.  A copy of all information you have provided to any consumer reporting agency with respect to the status of the mortgage loan identified herein within the 12 month period prior to your receipt of this request for information.
13.  A detailed copy of your last two analysis of the escrow account of the mortgage loan identified herein.
14.  If you have forced placed insurance, as described in Section 1024.37 of Regulation X, then please attach a copy of the master insurance policy and of the check or wire transfer for any funds you advanced to pay for the same.  Also, identify and state insurance and produce the 30 day and 45 day notice letters to the Debtors herein before such insurance was placed and an advance charged for the premium.
15.  Please state all facts that your relied on that led you to believe that the obligor of contract’s requirement to maintain hazard insurance on the subject real property.
16.  Please attach copies of any and all other written notices you provided to the obligor the mortgage loan identified herein before you forced placed the hazard insurance.
17.  A color copy of the current mortgage note for the loan identified herein.
18.  Copies of all lost mitigation rules, polices or procedures that are applicable to the mortgage loan identified herein.

Respectfully,


1 comment:

  1. Just in case last comment did not get submitted...Why is it that truth in lending act and respa are not mentioned in letter above? Does it matter? Reason being im writing a letter to wells fargo.

    ReplyDelete