Posted By: BLB
Financing Escrow Deposits - 09/29/06 05:47 PM
Is there any compliance restrictions on the financing of escrow deposits that may be collected at closing?
Posted By: Lucy Griffin
Re: Financing Escrow Deposits - 10/01/06 10:52 PM
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.