Industry News


Title: State Interest On Escrow Laws For Residential Mortgage Loans
Source:   Buckley Kolar LLP
Date: 4/11/2007

Summary:

Prepared for the Mortgage Bankers Association by Buckley Kolar LLP

This memorandum summarizes state requirements to pay interest on escrow accounts that are established by the lender to pay insurance, taxes and similar charges in connection with real estate loans on behalf of the borrower. The states that are included in this memorandum are Alaska, California, Connecticut, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Hampshire, New York, Oregon, Rhode Island, Utah, Vermont and Wisconsin.

Please select the Related Document to view the summary of State Interest On Escrow Laws For Residential Mortgage Loans