[khavens]

§ 22.5 Escrow requirement.
If a bank requires the escrow of
taxes, insurance premiums, fees, or any
other charges for a loan secured by residential
improved real estate or a mobile
home that is made, increased, extended,
or renewed on or after October
1, 1996, the bank shall also require the
escrow of all premiums and fees for any
flood insurance required under § 22.3.

This part is where I’m getting hung up on then. We are escrowing currently for taxes and insurance, so flood should be required…right?

[khavens]

The overnight fee was being charged for the payoff to be delivered?

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