If you didn't have any escrows prior to 7/6/12, and you're less than $1B, you don't have to escrow beginning 1/1/16.
We're going to be explaining these rules in great detail at the Aug 26th BOL Webinar entitled "Part II Flood Insurance: Everything You Need To Know"
http://www.bollearningconnect.comWe did Part I today. If you didn't catch it, you can purchase the recording at the same link.