Setting up and managing escrow accounts, also known as impounds, can be a daunting exercise. There are several regulatory requirements that cover how escrow accounts should be disclosed, as well as how escrowed items, such as taxes and insurance, must be handled. RESPA in particular has specific requirements around how to maintain the escrow account, as well as limitations on how much can be maintained in the account.
Keeping these requirements straight can be a hassle, but it is clear that the regulatory agencies (and Congress) favor escrows, as they even out a borrower’s payment responsibilities and therefore lessen the likelihood of default. It’s important to get the rules right. This 90-minute webinar will provide you with the information you need to understand the requirements for how an escrow account must be established and maintained. We’ll discuss disclosure requirements and where escrow information will appear on disclosure forms, as well as general escrow mandates, among other information.
Covered Topics:
- Disclosure requirements of escrow information on TRID forms (Loan Estimate and Closing Disclosure)
- RESPA’s escrow requirements, including disclosures, accounting rules, and limitations
- RESPA’s aggregate accounting method, including examples
- Disclosures: initial, annual, and short-year account statements
- Dealing with surpluses, shortages, and deficiencies
- What to do about payment shock
Understanding and managing escrow accounts is essential for accurate loan servicing and regulatory compliance. This webinar provides the clarity you need to navigate disclosure requirements, RESPA rules, and account management, helping you prevent errors, reduce risk, and handle surpluses, shortages, and payment issues with confidence. Equip yourself with the knowledge to manage escrows correctly and efficiently.
Who Should Attend: Loan officers and mortgage originators, Compliance and regulatory staff, Servicing and escrow account specialists, Underwriters and operations personnel. Anyone responsible for setting up, managing, or reviewing escrow accounts.
- Price includes live access plus 60 days OnDemand playback
- Extend your OnDemand playback access from 60 days to 120 days $99.00
- Additional Live Access $99.00 per person
Access: If purchased Live, you will have access to the live session plus 60 days. If purchased OnDemand, you will have access to training for 60-days from registration date.
Digital Download – $999.00: Receive a downloadable recorded version of the webinar to upload into your LMS. You’ll have unlimited access and can retain it indefinitely. Please note: The information presented is current as of the recording date. These are hot-topic webinars and content may evolve over time. We recommend checking back for future sessions, for purchase, to stay current with updates.
Recorded November 19, 2025
