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Escrowing for Existent Loans

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Do we need to escrow for loans that are already on the books prior to April 1, 2010 or October 1, 2010 for mobile homes, when it comes time for them to be refinanced or if the customer refinances early?

Yes, the refinancing would be a new loan subject to all the current requirements of the reg.

First published on 11/29/10

First published on 11/29/2010

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Filed under lending as: 

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