Impound account question - Posted by Mark (SDCA)

Posted by dewCO on November 26, 2000 at 19:16:17:

Don’t thave the reg. cite, but can’t the title company you use or a closer for a lender tell you what the formula is.

Impound account question - Posted by Mark (SDCA)

Posted by Mark (SDCA) on November 26, 2000 at 10:57:04:

I have 3 Impound accounts. All have shortages. One is being collected in full next month. One is being collected over 3 months. One is being collected over 12 months. Does anyone know what the thresholds/regulations are in this case?? RESPA would seem to be the prevailing statute.

Thanks,

Mark