We have numerous customers we have begun escrowing for tax purposes because they have been delinquent paying their property taxes. Can we increase the amount of the escrow in order to pay delinquent property taxes?

Has anyone dealt with this type of situation?

The way we have dealt with it for both property taxes and force placed insurance premiums is to fund up the loan balance for the amount owed, which is allowed per our Note.

Our note allows this as well, but management is concerned because of LTV. Thanks for you response!