Examiners expect all financial institutions to conduct and document a comprehensive, ongoing, institution-wide risk assessment. The Risk Assessment evaluates and rates inherent risk, the quality of controls and residual risk. Benchmarks are provided for each rating for each factor. The Regulation X Timely Escrow Rules Risk Assessment provides a framework upon which the risk related to the RESPA servicing of escrow requirements is evaluated. Use it as a tool to identify areas with increased risk which needs to be mitigated.