Kiến thức vay thế chấp chungCâu 149 / 400
During an annual escrow analysis, the servicer discovers a shortage. What typically happens?
a.The monthly escrow portion is increased to cover the shortage
b.The loan is called due
c.The interest rate rises
d.PMI is added
Giải thích
When taxes or insurance rise, an escrow shortage occurs and the servicer raises the monthly escrow payment (and may allow a lump-sum option) to replenish the account. It does not accelerate the loan, change the rate, or add PMI.
Trích dẫn luật: RESPA / Regulation XLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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