12 C.F.R. §1024.35 - Error resolution procedures
| Cite as | 12 C.F.R. §1024.35 |
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350 cases
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Trevino v. HSBC Mortg. Servs., Inc. (In re Trevino), CASE NO: 10-70594
...error asserting a mistake, provide a written response acknowledging receipt of the notice within five days. 12 U.S.C. § 2605(e)(1)(A); 12 C.F.R. § 1024.35. The servicer must then conduct an investigation and provide appropriate corrections or provide a written statement of reasons as to why......
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Lage v. Ocwen Loan Servicing LLC, Case No. 14-cv-81522-BLOOM/VALLE
...12, 2014 Letter, ECF No. [49-10] at 7 (“Ocwen's Sept. 12th Letter”). After extending the responsive period as permitted under 12 C.F.R. § 1024.35, Ocwen answered. See October 12, 2014 Letter, ECF No. [49-10] at 8; October 14, 2014 Letter, ECF No. [49-10] at 9 (hereinafter, “Response to Plai......
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Vitale v. Nationstar Mortg. LLC, 7:19-CV-9-D
...Debt Collection and Servicing Act ("MDCSA"), N.C. Gen. Stat. § 45-90 et seq., the Real Estate Settlement Procedures Act ("RESPA"), 12 C.F.R. §§ 1024.35, 1024.36, the Truth in Lending Act ("TILA"), 12 C.F.R. §§ 1026.41, 1026.36, and the Telephone Consumer Protection Act ("TCPA"), 47 U.S.C. §......
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Coppola v. Wells Fargo Bank, N.A. (In re Coppola), Case No.: 17-14944 VFP
...too low.Ex. B: May 29, 2017 letter from Debtor's counsel, Andy Winchell, Esq. ("Winchell") to Bank couched as a "Notice of Error under 12 C.F.R. § 1024.35 of Regulation X of the Mortgage Servicing Act under [RESPA]" indicating that the Debtor submitted a complete loan modification package o......
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21 firm's commentaries
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The Bullet Point: Ohio Commercial Law Bulletin - Does My Website URL Constitute A “Deceptive Trade Practice”? Volume 4, Issue 22
...broader obligations on servicers than the obligations under Section 2605(e), the borrowers relied on the servicer errors outlined in 12 C.F.R. § 1024.35 and the commentary thereto (“Regulation X”). The borrowers pointed to the “catchall” phrase of 12 C.F.R. § 1024.35(b)(11), which states th......
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The Consumer Financial Protection Bureau (CFPB): The New Federal Landscape For Lenders and Servicers
...Information on these (and other) cases is available in the “Newsroom” on CFPB’s website. [26] See 12 CFR § 1024.33. [27] See 12 CFR §§ 1024.35 and [28] See 12 CFR § 1024.37. [29] See 12 CFR § 1024.38. [30]...
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Recent Changes to the Law Governing Qualified Written Requests
...receipt of a “notice of error” (i.e., a QWR in which the borrower “asserts an error relating to the servicing of a mortgage loan,” see 12 CFR 1024.35), the servicer must: (1) “make appropriate corrections in the account of the borrower, including the crediting of any late charges or penalti......
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CFPB Publishes Compliance Bulletin and Policy Guidance for Mortgage Servicing Transfers
...servicing transfers. Specifically, it includes how transfers may implicate the requirements outlined in: Error Resolution Procedures (12 CFR 1024.35) and Requests for Information (12 CFR 1024.36) Force-Placed Insurance (12 CFR 1024.37 and 12 CFR 1024.17(k)) Early Intervention (12 CFR 1024.3......
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