What must loan servicers do within 30 days of the end of the escrow account computation year?
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What must loan servicers do within 30 days of the end of the escrow account computation year? A. Conduct an escrow account analysis and send an Annual Escrow Account Statement to borrowers B. Send an annual billing statement C. Apply any surplus in the escrow account to the principal balance of the loan D. Send the borrower a bill demanding immediate payment of any deficiency in the escrow account after the payments are made
Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-0077862237
6th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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