Foreclosure Prevention Counseling Forms printable pdf download

Foreclosure Prevention Counseling Forms

Sample Foreclosure Prevention Counseling Forms

Source: National Consumer Law Center, Repossessions and Foreclosures (5

. Ed. 2002)

Form 1: Authorization for Release of Information

In order to present a full range of foreclosure prevention options, a counselor generally must

obtain information about the amount of money the loan servicer claims due. Due to valid

privacy concerns for borrowers, very few servicers will release information to a counselor

without written authorization from the borrower. Form 1 is an authorization form. Generally, a

form of this type is sent by facsimile to the loan servicer with Form 2 requesting necessary

information.

Form 2: Information Request for Loan Servicer

Form 2 is a sample form that is useful for obtaining necessary information from a loan

servicer about the status of a loan. The information provided on this form helps determine the

amounts that the servicer believes are needed to cure or pay-off the loan. In some cases,

obtaining this information will crystallize a dispute the borrower may have concerning the

amount due on the loan.

Form 3: Sample Qualified Written Request under RESPA

Form 3 is a sample ‘‘qualified written request’’ for information under the Real Estate

Settlement Procedures Act (RESPA). A section of RESPA, 12 U.S.C. § 2605, provides a

procedure and a remedy to obtain information from a loan servicer that fails to provide it under

a more informal request such as Form 2.

Foreclosure Prevention Counseling Forms