Posted on: 23rd Sep, 2009 07:29 am
Are mortgagees required to perform an escrow analysis when completing a Loan Modification?
The answer is Yes.
The mortgage companies are required to perform a escrow analysis at the time the Loan Modification to ensure that the delinquent payments being capitalized, reflect the actual escrow requirements
The mortgage companies are required to perform a escrow analysis at the time the Loan Modification to ensure that the delinquent payments being capitalized, reflect the actual escrow requirements