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#620017 - 09/29/06 05:47 PM Financing Escrow Deposits
BLB Offline
100 Club
Joined: Jan 2006
Posts: 111
Is there any compliance restrictions on the financing of escrow deposits that may be collected at closing?

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Lending Compliance
#620018 - 10/01/06 10:52 PM Re: Financing Escrow Deposits
Lucy Griffin Offline

Diamond Poster
Lucy Griffin
Joined: Nov 2000
Posts: 1,544
Compliance regulations do not address this directly. But, through Regulation Z disclosures, this will be reflected in the amount financed, total finance charge, and APR.

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