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Predatory Servicing and “Questionable” Fees - Countrywide Named in Foreclosure Probe

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2007-11-29iamfacingforeclosure.com

``Borrowers need to understand that they can “demand” a “life of loan history” via a “qualified written request” . This is a law under Section 6 the Real Estate Settlement and Procedures Act (RESPA). By law, the lender or servicer is required to acknowledge the request within 20 business days and must try and resolve the issue within 60 business days.''


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