Is there a disclosure about escrow that's required at application or prior to commitment or is the first disclosure the one signed at closing or within 45 days. Our bank has one that we developed that tells a customer that we'll pay interest, how it works, when it is required and how it can be waived and our form requires the customer to sign and has a place for the customer to check off whether they're required to maintain one or that they are requesting that we waive it. I'm thinking this form is unnecessary. I will check state law but I was wondering if there was any requirement at the federal level. Thanks.

There is no federal requirement I'm aware of for this specific type notice.