WHO SHOULD ATTEND?

This informative session is designed for compliance officers, auditors, and lending personnel that disclose, calculate, and analyze escrow information for mortgage loans.

WHAT YOU WILL LEARN

• Properly disclose escrow items on the LE and CD utilizing TRID rules
• Generate an accurate initial escrow account statement
• Understand the differences between single-item and aggregate analysis
• Determine if the cushion limits comply with either the contractual or regulatory requirements
• Resolve shortages, surpluses, or deficiencies resulting from escrow analysis
• Perform system testing to ensure software systems are accurately conducting escrow account analysis
• Identify escrow requirements under RESPA, TILA, and the Flood Disaster Protection Act
• Review escrow statements for required content
• Test for examiner-identified escrow accounting rule issues