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Getting escrow compliance right is very important to the borrower, your institution, and examiners. Compliance requirements include initial analysis and disclosure, annual disclosures, recordkeeping, and more. In addition, RESPA, TILA, and flood compliance regulations all address when escrow is required. What happens if you find shortages, surpluses, or deficiencies? Having plenty of room for human error means that penalties can add up quickly.
This webinar will review the entire escrow compliance process and reveal common mistakes and examiner citations that highlight “hot spots.” Checklists will be provided to ensure you comply with the escrow requirements and that your disclosures and statements are complete, compliant, and correct.
For more information or to register CLICK HERE