HPML Escrow Cancellation Flowchart

$25.00

The Escrow Cancellation Flowchart provides a quick check to determine whether an escrow on a HPML transaction is eligible to be cancelled. It considers how long the escrow account has been open and whether the current balance to original value ratio has declined to a level sufficient to allow cancellation.

Description

Flowcharts provide an easy method to determine whether particular regulatory requirements apply to a specific transaction.  The Escrow Cancellation Flowchart provides a quick check to determine whether an escrow on a HPML transaction is eligible to be cancelled. It considers how long the escrow account has been open and whether the current balance to original value ratio has declined to a level sufficient to allow cancellation.

 

02.2021