Default on a RESPA Loan

Posted By: mdog76

Default on a RESPA Loan - 01/16/15 01:54 PM

Can the interest rate rise in the event of default of a RESPA loan? And can you add interest to principle in the event of default? Or are these State Law questions? We are converting to Laser Pro and are going through the set up process.

Thank you.
Posted By: rlcarey

Re: Default on a RESPA Loan - 01/16/15 04:41 PM

They are State law questions.