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#2187931 - 08/03/18 02:07 PM No longer HPML
elebra Offline
100 Club
Joined: Apr 2009
Posts: 106
We have a loan that was higher priced at account opening 3 years ago. Borrower wants to cancel escrow. Loan is no longer higher priced. Does that matter or is he still bound to the 5 year escrow requirement?

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Escrows on Higher-Priced Mortgages
#2187969 - 08/03/18 04:17 PM Re: No longer HPML elebra
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 80,393
Galveston, TX
HPML status is only determined at loan closing.
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