Escrow account computation year is a 12-month period that a servicer establishes for the escrow account beginning with the borrower's initial payment date. The term includes each 12-month period thereafter, unless a servicer chooses to issue a short year statement under the conditions stated in ยง1024.17(i)(4).
first payment of P&I and Escrow is due 2.1.2022
2/1/22 to 1/31/23 would be your computation year.
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The opinions expressed are mine and they are not to be taken as legal advice.