REMINDER: Our next Occupy Fights Foreclosures meeting is on THURSDAY July 5th

at Big Bang Coffee Shop from 7- 9 pm (530 Ramirez St, Los Angeles)

This meeting will focus mostly on how to write a QWR letter. If you're a homeowner, this is very useful information. 

Here's what we'll cover in this mini workshop:

QWR stands for "Qualified Written Request." A homeowner can write a QWR letter to request specific information from your bank or mortgage servicer. This letter has potent legal consequences. By law, the bank is required to acknowledge receiving this letter within 20 business days and to take action on it within 60 days. If they don't, you can take them to court and have them fined. 

With this letter, homeowners can ask for information about their account and point out errors. Importantly, you can use the QWR to ask the bank to verify that they own the debt and to prove that they have legal rights to proceed with foreclosure, for example. 

These QWR letters must be formatted a certain way with specific wording in them to meet the legal standard. It also needs to be sent certified mail, return receipt requested. 

There are good strategies and not-to-good strategies to writing one of these letters.

Our forensic loan auditor friend, Lisa Henschel, will be joining us for this workshop. She has a lot of insight on this topic and can share her great deal of experience. 

You can read a little bit more about the QWR on the Consumer Financial Protection Bureau's website here:

See you on Thursday!


love n peace

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published this page in News 2012-07-03 19:33:16 -0700
Why stay home when you can save a home?
Occupy Fights Foreclosures, affiliated with OccupyLA, stands up against the nationwide foreclosure crisis. We support, educate and empower homeowners at risk to save their homes from fraudulent foreclosure.