Skip to content

Escrow Account Cycles

Answered by: 

Question: 
Can we as a servicer place all of our customers with escrow on the same account computation year?
Answer: 

Yes, you may issue a short year annual escrow account statement (short year statement) to change one escrow account computation year to another. By using the short year statement you may adjust the production schedule or alter the escrow account computation year for the escrow account.
-----------------------------
Learn more about Jack Holzknecht’s webinar
2018 What’s All the Fuss About Escrows

First published on 04/15/2018

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics