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#2140709 - 08/03/17 08:34 PM Fair Debt Collection Practices Act
Jay McGee Offline
Member
Joined: Apr 2016
Posts: 62
Should this notice be mailed to the borrower on a Wholesale or Correspondent loan by the new lender?

Validation of Debt Notice

15 U.S. Code § 1692g - Validation of debts

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General Discussion
#2140710 - 08/03/17 08:38 PM Re: Fair Debt Collection Practices Act Jay McGee
JC (Darth HMDA) Offline
Diamond Poster
JC (Darth HMDA)
Joined: Dec 2013
Posts: 1,399
CA
is the loan delinquent or in collections?
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The opinions expressed are mine, do not represent the opinions of my employer, and they are not to be taken as legal advice.

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#2140725 - 08/03/17 09:01 PM Re: Fair Debt Collection Practices Act Jay McGee
Jay McGee Offline
Member
Joined: Apr 2016
Posts: 62
It is a new loan, we send a first payment letter (includes payment due) to the borrower.

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