Conventional fixed mortgage Loan modification,collection,foreclosure
Residential Credit Solutions Mortgage department,
Conventional fixed mortgage Loan modification,collection,foreclosure Washington
I have made several requests for copies of all valuations as the loan servicer is required to provide copies. The loan servicer has ignored all requests. The creditor is required to provide copies of appraisals, as well as other written valuations, developed in connection with the loss mitigation transaction [ 12 CFR 1002.14 ( a ) ( 1 ) ] within three business days. Under the Real Estate Settlement Procedures Act ( Title 12 US Code of Federal Regulations 1024.36 also known as Regulation - ) and the Equal Credit Opportunity Act ( 12 CFR 202 also known as Regulation B ), Valuations Rule ( effective - -, 2014, 12 CFR 1002.14 ). The creditor is required to provide copies of appraisals, as well as other written valuations, developed in connection with the loss mitigation transaction [ 12 CFR 1002.14 ( a ) ( 1 ) ] within three business days. The Consumer Financial Protection Bureau 's ECOA Valuations Rule compliance guide ( effective -/-/2014 ) specifically states short sales '' are included in Chapter 2, Section III on page 10 What loans are covered by the ECOA Valuations Rule? [ CFR 1002.1499 ( a ) ( 1 ) ] Loss -mitigation transactions, such as loan modifications, short sales, and deed-in-lieu transactions ... ''.
Residential Credit Solutions customer in Washington
May 06, 2015
* Source: CFPB Complaint Database
Residential Credit Solutions response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintLoading similar complaints
{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}} {{x.COMPLAINT_WHAT_HAPPENED | preview}}... |