Good Morning Bankers,

I am going to fire up a new escrow thread because I am honestly not a pro on this topic. I would like to hear what others are doing with regards to their escrow statement cycles for residential and commercial loans.

If my FI opts to have all residential escrows run from November - November, can I make my initial escrow statement a short year statement?

Does your FI issue escrow statements all in the same month?

We would like to move to November-November or February-February.