Escrow Account Procedures
Updated 01/01/2025
- Tool Name: Escrow Account Procedures
- Tool Description: These procedures are to be used in conjunction with the Escrow Account Cheat Sheet tool to assist banks with initial opening and continual requirements of escrow accounts.
- Rule or Guidance: 12 CFR Part 1024 (Regulation X)
- C/A Toolkit: Mortgage Servicing Toolkit
- Keywords: Escrow, Real Estate Settlement Procedures Act, RESPA
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