Start Date: 3/7/2023 1:00 PM EST
End Date: 3/7/2023 2:30 PM EST
Escrow accounting and disclosure rules are complex and addressed by multiple regulations, including RESPA, Regulation Z, and the Flood Disaster Protection Act. This session will provide the tools needed to nail down the numerous accounting and disclosure requirements.
The escrow discussion includes properly disclosing taxes, insurance, and other items on the required TRID documents; how to generate the initial escrow account statement; and numerous components of managing the escrow account after origination. This webinar will explain the escrow analysis process, including how to resolve shortages, surpluses, and deficiencies. It will also review examiner-identified escrow rule violations to ensure these weaknesses don’t exist in your processes. Dive into escrow compliance with this session that will contain the checklists and tools needed to ensure your institution has mastered the regulatory requirements.