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Escrow closing notices

Answered by: 

Question: 
If a customer has an escrow account set up for taxes and insurance and they call and request to remove the insurance portion but keep the taxes do you need to send an escrow closing notice for the insurance portion that is being removed?
Answer: 

No. The Escrow Closing Notice is only required when the escrow account will completely close.
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Escrows From A to Z

First published on 08/20/2017

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