May 28, 2013 - 11:38am
#1
Do y’all perform escrow analysis for all loans serviced just once a year or do you spread them out, say quarterly?
We had a member that closed in March with first payment made in May. He got his analysis in June and his escrow went up slightly (we round up on the analysis but not at closing). Though it was a very small amount, the member was not happy as the payment changed after only 1 month.
