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O RESPA means the Real Estate Settlement Procedures Act 12 U.S.C. 2601 et seq. and its implementing regulation Regulation X 24 C. If there is a surplus of Funds held in escrow as defined under RESPA Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a change of the Loan Servicer Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer the address to which payments should be made and any other...
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