thanks for the response the 1st answer i already had a handle on 2nd answer is closer to the one I am looking for
A: When you rate my service as "poor," you effectively prevent me from receiving any payment. Please reconsider your rating, because I am now assisting you pro bono (for free). the 12 cfr regulation is were i was informed that a lender most keep accurate and concise records from the beginning of the mortgage until the loan is satisfied plus 3 yrs
A: To be completely fair, your previous information was incorrect. The regulation provides that the retention time is 5 years. Click here
(scroll down to page 9 in the document [denominated as page 510]). also in my quest for information i read that the occ i think that they now handle the to big to fail banks that they in there part 49 section 49 however they classify regulations it has almost the same wording
A: 12 C.F.R. 1024.2 defines "Servicer" as: "the person responsible for the servicing of a mortgage loan (including the person who makes or holds a mortgage loan if such person also services the mortgage loan)." Consequently, whether the loan servicer is a bookkeeper in Gaston, Oregon (Pop. 612), or Wells Fargo Bank, NA, the regulation controls, and the bank must maintain the records according to the rules I set forth in my previous answer. currently i am in a battle with wells fargo they lost the first 8 yrs of my payment history also misapplied i think funds to the wrong places as well as sending me a refund in march 2013 of 880$ from money collected during the period of around 2002-2007 with a note saying they admit no wrong doing and this is a one time curtsy refund.
A: If the goal is to sue the servicer for misapplying your funds, then you are entitled to sue for actual damages
plus $2,000 under 12 U.S.C. 2605(f)(1), but you must bring your claim within 3 years of the date that the violation is alleged to have occurred 12 U.S.C. 2614. Presumably, that would be the date when Wells Fargo disclosed that it could not locate your records.
If your goal is to complain to the OCC, then once you do, the rest is up to the agency. You cannot force the government to "take the case" (at least not with spending a small fortune to try to obtain a writ of mandate from a federal district court). I realize that as a lawyer you get compensated for your intellectual knowledge i am increasing the amount of payment offered thank you for your help in this matter
A: Hopefully, I'm on the right track here. If not, please ask a specific question, so that I can try to answer it dispositively. were are you located what county
A: I'm flattered by your interest, however, I prefer to remain anonymous. My answers should speak for themselves. If they do not, then I shouldn't be paid.
Hope this Helps.