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#1795483 - 03/15/13 07:47 PM Escrow for Non-RESPA, Non-HPML Loan
Wonderofitall Offline
100 Club
Joined: Sep 2010
Posts: 202
Out West
Must a bank comply with RESPA escrow rules when establishing an escrow for a non-RESPA, non-HPML consumer RE loan? If so, will you point me to the regulatory citation? I'm not finding it.

You're never too old to learn something stupid.

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Lending Compliance
#1795641 - 03/18/13 11:57 AM Re: Escrow for Non-RESPA, Non-HPML Loan Wonderofitall
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 82,469
Galveston, TX
If the loan is not covered by RESPA, any escrow account would be a matter of contract.
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