CFPB updates mortgage servicing FAQs, including escrow accounts

The CFPB this week updated its mortgage servicing FAQs related to compliance with Regulations X and Z, particularly as it relates to escrow accounts.

Among the updated information, FAQs include information about escrow accounts under Regulation X; escrow account analysis; escrow account deficiencies, shortages and surpluses; public guidance documents related to escrow accounts; and more.

The updated FAQs can be accessed on the CFPB website.

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