Escrow Administration Software
Meet the accounting and reporting requirements set forth by the Federal Real Estate Settlement Procedures Act (RESPA). Automate the maintenance of escrow accounts on behalf of borrowers.
Features:
Collect and track escrow payments
Schedule escrow payables and manage timely payments of escrow obligations
Quickly produce Annual Escrow Account Disclosure Statements
Cover unanticipated disbursements, and handle shortages, surpluses and deficiencies
Eliminate all of the complicated tasks involved with complying with federally mandated regulations
The Escrow Administration module lets you automate the whole process of maintaining escrow accounts, letting you produce disclosure statements in seconds. It’s just one more tool in The Mortgage Office® suite of comprehensive mortgage software solutions.
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