Escrow Analysis Review demo
Checks each annual escrow analysis against the real tax bill and insurance renewal, and explains any shortage in words a homeowner understands. 1:12
What the demo shows
An escrow solution for mortgage servicers that checks each analysis against real tax bills.
Six agents check every annual escrow analysis in a cycle before it mails — each tax and insurance figure against its bill, policy and payment, the account rerun by the aggregate method and the Reg X rules tested — and the escrow analyst approves each correction with a plain-language letter that answers the borrower's questions.
Transcript
- Escrow Analysis Review checks each annual escrow analysis against the real tax bill and insurance policy for mortgage servicers.
- Escrow is what bank examiners cite most, and 4,800 analyses mail Friday.
- Each account opens as its year of balances.
- This analysis says no shortage.
- But the agents found the county's new tax bill $645 higher.
- Rene drops the bill onto the curve, and the low point dives below the cushion, a $612 shortage from last year's bill.
- On the Marsh loan, three wrong figures overstate the payment.
- Corrected, it rises $300, not $500.
- Rene approves, and the letter explains every change in plain words before the notice goes out.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.