Escrow Processing is available for any loan or line of credit. One tax record and one insurance record are available per account. Unlimited disbursement records can be added to an account. You can collect and disburse for multiple insurance policies and for multiple tax authorities.

Escrow accounts can accrue interest on "collected" escrow balances. Because escrow balances are carried separately for taxes and insurance, interest on escrow can be selected for either, both, or none of the escrow balances.

Escrow calculations and disclosures are fully RESPA-Compliant. Escrow analysis can be selected as initial, trial and final. The final analysis create the Annual Escrow Account Disclosure Statement -- Projects for Coming Year and the Annual Escrow Account Disclosure Statement -- Account History. In addition, the system updates all relevant fields. This transaction is useful for requesting a short-year analysis and for requesting an analysis on non-RESPA-compliant loans. This transaction also updates the record on the Escrow Analysis History File.

The escrow processing is integrated with mass disbursement processing. The Mass Disbursement capabilities of the system allow a file to be read into the system from an outside Tax Service for payment of taxes or insurance. Either "test" or "live" runs can be performed. An exception report is produced on both runs. This allows research to be done on certain exceptions before the live run. When the live run is made, files are updated.

When a payment is received, the system will allocate the current escrow due amount form the principal payment. You can always be sure escrow will be split from the payments to protect your interest in the property.

• RESPA-Compliant Computations and Disclosure
• Unlimited Escrow Disbursements
• Optional Interest Paid on Escrow Balances
• Annual Analysis
• Overage and Shortage Options
• Mass Disbursement Interface
• Add Escrow Processing at Any Time
• Full Escrow History Online