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#2111598 - 12/20/16 09:39 PM Initial Escrow Account Disclosure
Adam F Offline
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Adam F
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VA
Does anyone have a link to the Public Guidance Document referred to in 1024.17(h). All the other links I have are not working.

Thanks
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RESPA
#2111625 - 12/20/16 11:00 PM Re: Initial Escrow Account Disclosure Adam F
David Dickinson Offline
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They (HUD) appear to have killed them. I used to be able to find them with a Google search, but it appears they have now been removed.
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#2111642 - 12/21/16 01:27 PM Re: Initial Escrow Account Disclosure Adam F
Adam F Offline
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Adam F
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VA
Thanks. That's the conclusion I have come to as well.
_________________________
It is better to act cautiously beforehand than to suffer afterward.

The answers I give are my opinions. Not legal advice.

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#2111665 - 12/21/16 02:16 PM Re: Initial Escrow Account Disclosure Adam F
rlcarey Offline
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#2111702 - 12/21/16 05:03 PM Re: Initial Escrow Account Disclosure Adam F
Adam F Offline
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VA
Awesome Randy. Thanks
_________________________
It is better to act cautiously beforehand than to suffer afterward.

The answers I give are my opinions. Not legal advice.

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#2112479 - 12/29/16 04:35 PM Re: Initial Escrow Account Disclosure Adam F
ComplyCycle Offline
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I'd like to echo the above user's thanks for the Initial Escrow Account Statement links and please request the model Annual Escrow Account Statements referenced in 1024.17(I). Does anyone have a link to these documents? Glad I'm not the only one unable to locate these documents via Google.

Thanks in advance for the assistance.

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#2112530 - 12/29/16 07:08 PM Re: Initial Escrow Account Disclosure Adam F
rlcarey Offline
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1024.17(I)??

You mean (i)?

They are the same documents.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2112561 - 12/29/16 08:11 PM Re: Initial Escrow Account Disclosure Adam F
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Oops, I'm sorry about that. I meant to request the Annual Escrow Account Statements referenced in 1024.17(j), please.

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#2112575 - 12/29/16 09:08 PM Re: Initial Escrow Account Disclosure Adam F
rlcarey Offline
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The same two documents linked above are referenced in (h), (i), and (j). If there is another document being referenced, I guess I am not seeing it.
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#2112610 - 12/29/16 10:39 PM Re: Initial Escrow Account Disclosure Adam F
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Interesting. In reading (j) - annual escrow account statements - I thought there would be two different documents referenced from (i) - initial escrow account statements. The text of (j) states as follows:

j.Formats for annual escrow account statement.

The formats and completed examples for annual escrow account statements using single-item analysis (pre-rule accounts) and aggregate analysis are set out in Public Guidance Documents entitled “Annual Escrow Account Disclosure Statement—Format” and “Annual Escrow Account Disclosure Statement—Example”.

Is (j) simply referencing the documents mentioned in (i)?

Thanks for your patience.

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#2112634 - 12/30/16 12:56 PM Re: Initial Escrow Account Disclosure Adam F
rlcarey Offline
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Galveston, TX
The references appear to be the same to me.

1024.17

(h) "Public Guidance Documents entitled “Initial Escrow Account Disclosure Statement—Format” and “Initial Escrow Account Disclosure Statement—Example”, available in accordance with §1024.3."

(i) "Public Guidance Documents entitled “Annual Escrow Account Disclosure Statement—Format” and “Annual Escrow Account Disclosure Statement—Example” set forth an acceptable format and methodology for conveying this information."

(j) " Public Guidance Documents entitled “Annual Escrow Account Disclosure Statement—Format” and “Annual Escrow Account Disclosure Statement—Example”.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2112739 - 12/30/16 07:09 PM Re: Initial Escrow Account Disclosure Adam F
ComplyCycle Offline
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Got it - thanks for helping me finally understand, I appreciate it.

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#2113169 - 01/05/17 05:29 PM Re: Initial Escrow Account Disclosure Adam F
Grinchie Offline
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Grinchie
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Virginia
just to tag on to this. Attached is the link to the Escrow forms published in the Federal Register.

https://www.gpo.gov/fdsys/pkg/FR-1995-05-09/pdf/95-11313.pdf
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#2161032 - 01/19/18 04:06 PM Re: Initial Escrow Account Disclosure Adam F
Compliance NABW Offline
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The HUD links seem to be totally down. A couple of other useful sites I came across for this are the following.

http://content.aba.com/briefings/3012591.pdf
http://files.consumerfinance.gov/f/201410-initial_escrow_disclosure_explainer.pdf

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