§ 1024.17 Escrow accounts.
(ii) Pursuant to § 1024.17(h)(2), the servicer may incorporate the initial escrow account statement
- 1024 (Regulation X)
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(ii) Pursuant to § 1024.17(h)(2), the servicer may incorporate the initial escrow account statement
(i) An escrow account need not be established for:
Initial escrow account itemization.
examine the federally related mortgage loan documents to determine the applicable cushion for each escrow
This section sets out the requirements for an escrow account that a lender establishes in connection
(i) Where a new servicer provides an initial escrow account statement upon the transfer of servicing,
(e) Escrow account cancellation notice for certain mortgage transactions —
Required property insurance escrow on a mobile home transaction.
20(e) Escrow account cancellation notice for certain mortgage transactions.
(1) Escrow.
(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
borrower may agree either orally or in writing to a servicer's crediting of any remaining balance in an escrow
Mortgage escrow accounts for collecting taxes and property insurance premiums.
(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.
(ii) The servicer may conduct an escrow account analysis at other times during the escrow computation
Administration of escrow accounts.
(11) As allowed by § 1024.17, relating to an initial escrow account statement.
(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
(2) Servicer may credit funds to a new escrow account.