April 10, 2013 at 8:49 pm EDT
#3143
jholzknecht
Keymaster
The new escrow rules are effective on June 1, 2013. If you bank meets all of the conditions in Section 1026.35(b)(2)(iii) then you may stop escrowing. The fact that you have escrowed on a first-lien HPML does not preclude you from taki advantage of the new exemption.