Defining and developing the brand capability. The discovery of a brand capability is not a linear process, but an exploration of three basic questions that can help an organization clarify its core brand components.
Escrow Refund Period. Mortgage lenders can take up to 30 days to refund escrow account balances to borrowers whose mortgage loans have been paid off. For several reasons, mortgage lenders tend to take their time refunding their borrowers' escrow accounts.
However, the lender may not be required to pay that money back to the borrower if the borrower still owes the lender money. Most standard mortgage documents provide that the lender will return the money held in the escrow account to the borrower once all amounts owed the lender have been paid in full. We think that your best bet is to review the rules relating to escrows under the Real Estate Settlement Procedures Act (RESPA).