Foreclosure Definitions
INTRODUCTION: The Federal Real Estate Settlement and Protection Act (RESPA) gives a borrower certain rights and lays out certain procedures that must be followed by lenders when making home loans.
QUALIFIED WRITTEN REQUEST: A Qualified Written Request (QWR) is your legal right to access all necessary information regarding your loan under the Real Estate Settlement and Protection Act (RESPA).
DEBT DISPUTE LETTER: A Debt Dispute letter is the necessary document that must be sent to a debt collector in order to properly dispute a debt.