Digging up this old thread....
I looked through 1026.37(c)(4) and found this:
To provide clarity and to ease compliance burden, the Bureau is adopting comment 37(c)(4)(iv)-2, which provides that if the amount disclosed pursuant to § 1026.37(c)(4)(ii) requires the creditor to disclose a description of more than one amount other than amounts for payments of property taxes or homeowner's insurance and only some of those amounts will be paid by the creditor using escrow account funds, the creditor may indicate that only some of those amounts will be paid using escrow account funds, such as by using the word “some.â€
So if we are escrowing Flood Ins, but NOT escrowing Hazard Ins, then it will still say "YES" and not "SOME". The only time it would say "SOME" is if we were escrowing for say HOA dues, but not for the monthly mailbox fee.
Correct?