Michigan Bankruptcy Blog

Qualified Written Request Letter Rule Changes for January 2014

Qualified Written Request Letter Rule Changes for January 2014

Tighter Deadlines for Response to Qualified Written Request Letters, Harder Penalties for Failure to Respond The Qualified Written Request (QWR) The Qualified Written Request is a letter sent to a mortgage servicer to which they are required to respond with certain information, such as the actual owner of the mortgage and other specific items requested in the letter. More regarding the specifics of qualified written request letters can be found here. Qualified Written Request Letters: What's Changing? On January ...

Posted on January 8th, 2014 by John Hilla - Michigan Bankruptcy Attorney in Michigan Bankruptcy

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Who Owns My Mortgage? The Qualified Written Request (QWR)

Fannie Mae, Freddie Mac, or Some Private Mortgage-Backed Security Trust? Almost Never the Bank To Which You Send Your Monthly Payment One of the biggest difficulties confronting homeowners facing potential foreclosure is the difficulty of identifying who or what exactly is the current owner of the mortgage and, thus, the entity with the actual right to foreclose. Nearly always, the bank or other entity to which you mail your monthly payment check is not actually the holder or owner ...

Posted on October 4th, 2013 by John Hilla - Michigan Bankruptcy Attorney in Michigan Bankruptcy

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