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by Randy Carey: Well, Regulation Z basically determines at a Federal level whether or not escrows are required on a specific mortgage loan. I'm not aware of a list of any state laws on this issue.
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by John Burnett: The question may be about the use of "escrow" in purchase transactions, which is not something that I have ever experienced. I don't know whether a list of states that use that practice is available. It's my understanding that "closings in escrow" are completed primarily in the western U.S.
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by Randy Carey: The other question option might be if the State requires interest to be paid on escrow accounts?
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