mortgage payment records

[wolfthing2000]

What is the name of your state (only U.S. law)? oregon


Facts: ex mother in law holds mortgage title, ex wife required to keep it out of foreclosure, home for sale we split equity, ex wife has not payed a dime towards mortgage for 18 months, I assume interest is being accumulated.

Question: What rights do I have to a full audit of that mortgage account?
Would a certified letter request be appropriate?
What do I ask for technicaly to get the facts as to what goes on here.

 

[wolfthing2000]

anyone have any advice? I believe what is going on is an arranged situation between ex and her mother.

 

[FlyingRon]

Be patient. Some of us have day jobs.
What do you think auditing the mortgage will do? The lender will tell you when you sell what the balance is. They don't keep track of who made the payments, just when (and how much) was paid.

 

[wolfthing2000]

do I have the right to an audit? What is the law?

 

[wolfthing2000]

can anyone please refer me to the law that requires a lender to produce a full statement of the mortgage account on request?

 

[wolfthing2000]

Anyone please?

Can someone refer me to the Oregon statute that governs the mortgage audit request??

it will do no good to be patient with an ex mother in law loaded with antimosity.

 

[ShyCat]

Can someone refer me to the Oregon statute that governs the mortgage audit request??

Apparently not. Try google. If you don't find it, then consider that such a statute does not exist.

 

[wolfthing2000]

I am trying to pin it down. It does exist.

Google brings up a ORS59. Which paragraph??

 

[FlyingRon]

Not in ORS 59 it doesn't. While that requires mortgage bankers and brokers to keep records and make them available for the state to inspect, it doesn't give you any right.

 

[wolfthing2000]

so, what you are telling me, is that the ex mother in law and ex wife can be doing whatever on this loan that I have my name on as well and i have no right to know what is going on??

This doesn't seem right to me.

 

[wolfthing2000]

Anyone?

There must be someone who can tell me what rights I have to the account of this loan

 

[FlyingRon]

I don't know what "rights" you think you ought to have.
You have the right to make the payments you agreed to make to the bank or they have the right to trash your credit rating, foreclose, and come after you for the deficiency. As I have said, the records you want they don't even keep track of. All they track is when payments are posted and how much. That and their computation of the interest accumulated (and potentially late fees) pretty much is it. You might be able to get the payment history out of them, but I don't understand how you think that is going to help with your domestic squabbles.

 

[Zigner]

If the ex is not following the court order, you should take her back to court for contempt.

 

[wolfthing2000]

Technicaly all the order says is she is ordered "to keep the property from foreclosure"