This webinar will give you a clear understanding of how to set up and maintain compliant escrow accounts in plain English.

Compliance with the escrow requirements can be tricky. The rules are vague, certain terms are not defined, and we've even seen investors make up rules that contradict the regulatory requirements. If you aren't in compliance, the chances are good that it's a systemic issue, which can lead to more serious consequences.

While the Regulation hasn't changed in many years, the Consumer Financial Protection Bureau (CFPB) updated its Mortgage Servicing FAQs in June 2021. These updates include many FAQs specific to escrow accounts, escrow account analysis, and escrow account deficiencies, shortages, and surpluses.What You'll Learn:Compliance with the escrow requirements can be tricky. The rules are vague, certain terms are not defined, and we've even seen investors make up rules that contradict the regulatory requirements. If you aren't in compliance, the chances are good that it's a systemic issue, which can lead to more serious consequences.

While the Regulation hasn't changed in many years, the Consumer Financial Protection Bureau (CFPB) updated its Mortgage Servicing FAQs in June 2021. These updates include many FAQs specific to escrow accounts, escrow account analysis, and escrow account deficiencies, shortages, and surpluses.