Mortgage Servicing: Escrow Accounts


Provides an explanation of the escrow account including establishment, analysis and maintenance of the escrow account. Explains the escrow rules for HPMLs and rules pertaining to flood insurance premiums, including transactions and creditors that are exempt from these requirements.

Created: Sept. 2017

Learning Objectives

After completing this course, students will be able to:

  • Identify the requirements for the establishment and maintenance of escrow accounts
  • Discuss the unique requirements for escrow accounts as they pertain to high-priced mortgage loans (HPMLs) and flood insurance premiums

Audience

Anyone performing duties in consumer mortgage servicing areas and have live contact with borrowers.

​Course Credits

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​Questions? Please contact training@aba.com for more information.​​
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Frontline Compliance

 
This course is available to ABA Member banks at no cost under a license agreement. Learn more
 

 Registration & Pricing

 

Individual Purchase
ABA Member • $95
Non-Member • $130

 

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