'Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use The complaints also pointed out that these errors can potentially result in the imposition of late payment charges and payments to the wrong parties.' (Lee Mancuso, Housing Finance: Major Developments in 1989 (1990) 45 Bus. These complaints involved such wide-ranging concerns as mistakes in calculating escrow account payments, unresponsiveness to inquiries, failure to make timely property tax and hazard insurance premium payments, and failure to provide adequate notice of a mortgage loan servicing transfer. In 1989, 'the United States General Accounting Office conducted a major study of mortgage loan servicing practices and uncovered a substantial number of consumer complaints on abusive lender practices.(2002)) was promulgated by the Secretary of the United States Department of Housing and Urban Development (HUD) as the implementing regulation for RESPA. (§ 2601(b)(1)-(4) Annot., Construction and Application of Real Estate Settlement Procedures Act of 1974 (1997) 142 A.L.R.Fed. RESPA originally was enacted to (1) produce more effective advance disclosure of settlement costs to home buyers and sellers (2) eliminate kickbacks and referral fees that tended to increase the cost of real estate settlement services (3) reduce the sums homeowners were required by lenders to place in escrow accounts to ensure payment of real estate taxes and insurance and (4) reform and modernize local recordkeeping of land title information.

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