Borrowers’ RESPA Causes Of Action Against Loan Servicer Deemed Lacking Merit

Mealey's (March 30, 2023, 1:59 PM EDT) -- SEATTLE — Borrowers alleging that the holder of the promissory note and deed of trust on their home as well as their loan servicer violated the Real Estate Settlement Procedures Act (RESPA) by failing to respond to the borrowers’ qualified written requests (QWRs) and issued false reports to credit reporting agencies have failed to sufficiently allege that any of the defendants’ actions violated RESPA, a federal judge in Washington ruled in dismissing the borrowers’ federal law claims....