Comment for 1026.18 - Content of Disclosures
Required property insurance escrow on a mobile home transaction.
- 1026 (Regulation Z)
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Required property insurance escrow on a mobile home transaction.
20(e) Escrow account cancellation notice for certain mortgage transactions.
(B) A statement that the consumer may be able to cancel any escrow account that has been established,
(iii) The amount payable into an escrow account to pay some or all of the charges described in paragraph
(C) Amounts placed into an escrow, impound, reserve, or similar account;
Interests in escrow accounts, such as for taxes and insurance.
35(b)(1) Requirement to escrow for property taxes and insurance
Amounts paid by the creditor using escrow account funds.
Estimated costs paid using escrow account funds.
Administration of escrow accounts.
(1) An escrow account for items such as taxes, insurance or repairs;
disclosed under paragraph (g)(3) of this section, a statement that the payment is a cushion for the escrow
Estimated costs not paid by escrow account funds.
Escrow of loan proceeds to be released when the repairs are completed.
Escrow closing fee.
(C) The escrow information described in paragraph (s)(3)(i)(C) of this section; and
Escrow account established in connection with the consumer's delinquency or default.
(1) The total amount the consumer will be required to pay into an escrow account over the first year
If the creditor or servicer cancels the escrow account at the consumer's request, the creditor or servicer
Section 1026.35(b)(3) establishes minimum durations for which escrow accounts established pursuant to
(B) Receipt no earlier than five years after consummation of a consumer's request to cancel the escrow
The amount paid by the consumer is a prepaid finance charge (even if deposited in an escrow account).
(i) Under the reference “For now,” a statement that an escrow account may also be called an impound or
(i) For transactions subject to RESPA, is determined under the escrow account analysis described in Regulation
Exception for post-consummation escrow accounts for distressed consumers.