Escrow Disclosure Software 1


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Publisher Description



Think of an escrow account as a special checking account. Each month a certain amount of money is set aside in your escrow account to pay real estate taxes, hazard insurance, mortgage insurance, and other escrow related items, when they are due. Your escrow payment is part of your total monthly mortgage payment. It is collected along with the principal and interest portion of your mortgage payment.

Each year, your account is reviewed to estimate future payments to and disbursements from your escrow account. The process of reviewing your account is referred to as escrow analysis. The analysis method required by the Real Estate Settlement Procedures Act (RESPA) for residential loans is called aggregate analysis. The aggregate method of escrow analysis is similar to balancing your checkbook. Payments go into and disbursements go out of your escrow account to give you a monthly escrow balance. RESPA requires lenders to provide borrowers with an Initial Escrow Account Disclosure Statement within 45 days of closing, and an Annual Escrow Account Disclosure Statement at least once every twelve months thereafter. These statements are designed to provide information regarding the anticipated tax and insurance activity in the escrow account.

The Escrow Disclosure Software prompts the user through a series of questions and then fills out the Escrow Disclosure form using the Aggregate Accounting method. The software works with an initial, annual, or short-year Escrow Disclosure statement. Print or print preview documents on letter size paper. Save and retrieve documents for future use. Aggregate Escrow Adjustment Software is FREE (line 1008 of the HUD-1 RESPA).

Visit us on the web at www.lawfirmsoftware.com for more information.

Escrow Disclosure Software is a free trial software application from the Other subcategory, part of the Business category. The app is currently available in English and it was last updated on 2005-10-01. The program can be installed on Win 3.1x, Win95, Win98, WinME, WinNT 3.x, WinNT 4.x, Windows2000, WinXP, Windows2003, Windows Vista Starter, Windows Vista Home Basic, Windows Vista Home Premium, Windows Vista Business, Windows Vista Enterprise, Windows Vista Ultimate, Windows Vista Home Basic x64, Windows Vista Home Premium x64, Windows Vista Business x64, Windows Vista Enterprise x64, Windows Vista Ultimate x64.

Escrow Disclosure Software (version 1) has a file size of 675.99 KB and is available for download from our website. Just click the green Download button above to start. Until now the program was downloaded 193 times. We already checked that the download link to be safe, however for your own protection we recommend that you scan the downloaded software with your antivirus.

Program Details



General

 
Publisher LawFirmSoftware.com
Released Date 2005-10-01
Languages English

Category

 
Category Business
Subcategory Other

System requirements

 
Operating systems windows

Download information

 
File size 675.99 KB
Total downloads 193

Pricing

 
License model Free Trial
Price $39.95

Version History



Here you can find the changelog of Escrow Disclosure Software since it was posted on our website on 2015-04-25. The latest version is 1 and it was updated on soft112.com on 2017-07-01. See below the changes in each version:

version 1

posted on 2005-10-01






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Release Date: 2005-10-01
Publisher: LawFirmSoftware.com
Operating System: windows
Type: Free Trial