I am attaching a Sample of A QWR. As a foreclosure specialist specializing in stopping foreclosure for my clients, I wanted to provide realtors with a sample of a QWR.

 

Subject: Loan number xx
My Name & address

To Whom It May Concern:


This is a "Qualified Written Request" under Section 6 of the Real Estate Settlement Procedures Act (RESPA).

I am writing to request:

(1) Copies of all documents pertaining to the origination of my mortgage including my loan application, Right to Cancel, Deed of Trust, note, adjustable rate note, addendum to the note for the interest only payment period, Truth in Lending statements, Good Faith Estimate (GFE), HUD 1, appraisal, and all required disclosures and rate sheets associated with this transaction for the above referenced loan. The copies should be legible and all documents shall be copied in their entirety.

(2) A copy of the life of loan history including all payments made, all fees incurred, what has been paid out of the escrow account, and how all payments were applied. This information should cover the entire life of the loan.

I have reason to believe that the loan terms were misrepresented to me at the time of application and further obscured and/or modified prior to signing. I believe that my income was inflated on the application, and that the property appraisal was similarly falsely inflated. I also have reason to believe that certain statements were not provided for my approval prior to closing, and that signatures may have been forged on various documents. Additionally, I believe that a notary was not present to witness my signatures on several pertinent documents.

I started the process of trying to renegotiate this loan in XXXXXXXXXXX when I spoke with XXXXXXXXXX in your Loss Mitigation department. I faxed a letter of hardship, along with bank statements and pay stubs as well as a hardship letter as he recommended. After many follow ups on my part, XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX those were his words exactly! His reason was never really quite clear!

The customer service provided to me has been less than adequate let alone just plain rude.

Let this letter serve to document my request to have my communications responded to in a timely manner.

I can be reached at (my phone number) whenever a customer service representative wishes to contact me. My email address is blahblahblah , and is the best way to contact me.

I understand that under Section 6 of RESPA you are required to acknowledge my request within 20 business days and must try to resolve the issue within 60 business days.

Sincerely,


My signature

 
This post has been included in Arizona Information

6 Comments on SAMPLE QWR - Qualified Written Request - Stop Your Foreclosure If You Have Been A Victim of Predatory Lending

DEC
16

Good letter!

 

How long does the lender have to respond?

Does this stop all foreclosure proceedings until they complete this?

 

 

Michael
10:55am • #1
FEB
13

20 days to respond and 60 days to address those are business days so it's really 4 months, also by law once they recieve your QWR they are not supposed to report late or no payments to the credit reporting agencies, but don't bet they comply with either. But if they don't in the long run that actually works in your favor. Make sure to send several QWR letters, to the servicer and lender, and have a forensic loan file audit done professionally. Do these things and you will be on your way to ngetting a good loan mod. 

Sean
8:00pm • #2
APR
02

Hello, we are victums of preditory lending  for sure.  We were 3 months behind and then paid March.  Now we would like to do a qwr, and have already begun a forensic loan audit.  Should we pay April?  Will we go into forclosure after we send in the qwr?

shaina langston
11:42am • #3
APR
15

We sent them a QWR which they received on March 16th. Todate they have not responded. In fact we are currently in Chapter 7, we received a notice they have filed for a release of stay. We have been trying to work with them to modify our loan for months and they are dragging us on. Now it looks as though they wish to proceed with foreclosure. I am baffled with this as we were a great customer until my business failed and all the debt left from that set us back. Makes no sense to me that in this market they would rather take a huge loss then try and work with the borrower. I am speaking of WAMU now JP CHASE MORGAN.

KEN
11:22pm • #4
SEP
02

Will a QWR stop the foreclosure proseedings? My lender BofA via CW filed a NOD Aug 3rd. They have refused to offer me a mod several time.

Kelly
1:17pm • #5
SEP
16

We are currently working on a loan modification through a law firm. After the QRW has been submitted, by law can they charge late fees for a late payment, or require payment while under the judicial umbrella?

Val
11:40am • #6

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Jamar James

Phoenix, AZ

More about me…

Jamar James, PLLC

Address: 4531 N 16th St , Suite 114, Phoenix, AZ, 85016

Office Phone: (602) 710-2490

Cell Phone: (623) 385-7529

Email Me

Stop Your Foreclosure in Arizona, Phoenix Foreclosure Specialist, Acquire Arizona Distressed Properties, Distressed Sellers, Arizona Homes. Real Estate For Dummies in Arizona. Phoenix Investment. Phoenix Real Estate Deals. Phoenix distressed sellers. Foreclosure Consulting. Purchase Homes No Money Down in Arizona. Investor Only in Arizona.


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