Escrow Analysis definition

Escrow Analysis means the annual escrow analysis for borrowers in Bankruptcy Cases with an escrow account that is required to be prepared and communicated pursuant to applicable non-bankruptcy law.
Escrow Analysis. With respect to each Mortgage, the Company has within the twelve months preceding the Closing Date (unless such Mortgage was originated within such twelve month period) analyzed the required Escrow Payments for each Mortgage and adjusted the amount of such payments so that, assuming all required payments are timely made, any deficiency will be eliminated on or before the first anniversary of such analysis, or any overage will be refunded to the Mortgagor, in accordance with RESPA and any other applicable law;

Examples of Escrow Analysis in a sentence

  • Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis.......

  • Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis................................

  • Guide 1 $175 Collection Workstation User's Guide 3 $175 Customer Service Workstation 3 $175 Escrow Analysis Workstation 3 $175 Foreclosure Workstation Admin.

  • Escrow Analysis must be sent in loan number order from loan inception through the transfer date.

  • Establishment of Escrow Account; Deposits in Escrow Account; Escrow Analysis..........

  • No Mortgage Loan was made in connection with the construction (other than a “construct-to-perm” loan) or rehabilitation of a Mortgaged Property or facilitating the trade-in or exchange of a Mortgaged Property; (pp) Escrow Analysis.