Phrases with «escrow requirements»

The phrase "escrow requirements" refers to specific conditions or rules that must be met in order for a transaction to be placed in an escrow account. This is a special account where money or assets are held until all the agreed-upon conditions are satisfied. Full definition

Sentences with «escrow requirements»

  • The progressive Center for American Progress said the bill's elimination of escrow requirements for banks under $ 10 billion removes an «essential borrower protection.» (vox.com)
  • And as commercial banks they are subject to the new rules and regulations, which for starters include: Basel international capital rules, QM, QRM, escrow requirements, balloon mortgages, compliance exams — and the costs that come with each. (fdic.gov)
  • Senate Banking may be more likely to consider related measures giving relief on some escrow requirements and balloon mortgage restrictions to banks, pushing the asset threshold up to $ 10 billion. (americanbanker.com)
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