Escrows 2024 | Michigan Bankers Association | 18 January 2024 | Webinar
Venue
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| Event Date |
Fri Jan 19 UTC (11 months ago)
In your timezone (EST): Thu Jan 18 7:00pm - Thu Jan 18 7:00pm |
| Location | Webinar |
| Region | All |
Details
In this webinar, we’ll discuss the mechanics of establishing and maintaining escrow accounts, as well as in what situations escrows must be maintained. There are several lending laws and regulations that require escrowing of taxes, insurance, and similar fees. Not only are there rules that require escrows, the Real Estate Settlement Procedures Act (RESPA) then mandates the accounting for the escrow be maintained pursuant to specific rules. In addition, there are several exceptions in the rules where small servicers are exempt from maintaining escrows if certain requirements are met. Learn about escrow regulations and best practices for managing escrows in your financial institution.
Who Should Attend
Anyone on the residential mortgage side of the business who is responsible for establishing or maintaining escrows, as well as attorneys, closing agents, loan officers, compliance officers, auditors, testers, and management will benefit from the information in this webinar.
Speakers
2024 Speaker
Carl Pry
Senior Advisor, Treliant LLC