Escrow Enmasse
When do we run the trial?
2-3 business day of the month
What code is added to the loan when there is a mismatch by day 60 after loan boards?
Sttm Code A
Paidoff Loans, how many days do we have to send the escrow balance to the member?
20 days
Sttm code A is change to ___ at the beginning of each month ?
B
What code is added to the escrow line when it's outside of computation year?
E
How many Escrow Analysis are we required to run on every loan?
1
What is our threshold $ for shortages and overages on the over/short?
$2500
9
What % of IOE Penfed pays to those States without current interest on escrow requirements?
0.5% saving rate
How many days after the loan boards we review the escrow accounts?
45 days
What log code should be added to the loan when the loan meets the criteria for Escrow Removal?
ESCMET
For escrow removals the escrow account cannot have a negative___?
Escrow balance
What's the name of my favorite system to review enmasse?
DX
What is the new task we handle to resend refund check via mail to the member?
ESCSPS
What is the max shortage spread we offer to the members and when?
60 months - MODs