#2264556 - 01/11/2201:48 PMLoss of Small Lender Exemption
Joined: Oct 2009
With the loss of the SLE for escrowing flood, I want to understand the timeline. So the bank has to provide a notice to all existing loans that would have the option to escrow by September 30th from the list as of July 1st? In reading it I am confused because I would think if the bank has to start escrowing as of July 1st the existing customers should receive the letter prior to that date.