Here's the scenario. Loan closed in Nov 2003, semi-annual taxes are to be paid. Taxes due in Dec and May. Borrower paid full amount of taxes in December (for Dec 2003 and May 2004). This was a loan that we purchased. Now, since taxes are paid up for May 2004, when we get to Dec 04, we will obviously have more than we need. Analysis is in Feb 05 with payment change March 1, 05. Should we refund the excess now or wait until analysis in 05 to have the system recalculate then refund?