January 19, 2015

COMMERCIAL Escrow Accounting

COMMERCIAL Escrow Accounting

Commercial Escrow Processing can be attached to any loan. Escrow calculations and disclosure are fully RESPA-Compliant. Commercial Escrow Accounting enables the lender to collect tax and insurance payments from the borrower and pay the taxes and insurance premiums to tax agencies or insurance companies. Commercial Escrow Accounting functions supporting these activities include the Escrow Tax and Escrow Insurance Records, the Escrow Disbursement Record, and the Escrow Insured Information Record.