This extra amount is the cushion.. The Real Estate Settlement Procedures Act says that lenders can keep a maximum cushion of one-sixth of the total annual cost of items paid out of escrow. So if your taxes and insurance add up to $3,900 a year, your lender can keep a cushion of $650.Cushions are not overages.his extra amount is the cushion.. The Real Estate Settlement Procedures Act says that lenders can keep a maximum cushion of one-sixth of the total annual cost of items paid out of escrow. So if your taxes and insurance add up to $3,900 a year, your lender can keep a cushion of $650. Cushions are not overages.
Samples in periodicals archive: The Residential Condominium Building Association Policy (RCBAP) of the standard flood insurance policy insures residential condominium associations, and thus the building in which the unit is located. # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z. 1  Home.
The primary purposes of a Disaster Recovery Plan (DRP) are as following: 1  Prevention (pre-disaster): The pre-planning required â using mirrored servers for mission critical systems, maintaining hot sites, training disaster recovery personnel â to minimize the overall impact of a disaster on systems and resources.ifferent companies sometimes use these terms differently and, at times, interchangeably. Technically the Business Continuity Plan (BCP) refers to the means by which loss of business may be avoided and it ought to define the business requirements for continuity of operations.