Is a “Perfect Storm” Brewing for Escrow Accounts?
(Part 1 of 2)
By Jonnine Eras, SVP, Senior Tax Operations Manager Unexpected increases in escrow accounts are one of the major reasons why borrowers contact servicer call centers. Resolving these calls often take time and require a fair amount of explaining to help homeowners understand why their monthly payment is going up. Over the next few years, however, [...]