Escrow Servicing

With the implementation of The Biggert-Waters Flood Insurance Reform Act of 2012, lenders are now required to escrow insurance flood premiums. For loan operations, the collection of the borrower's insurance policy invoice, for both flood and hazard, is time consuming. Miniter Group's escrow service is designed to efficiently and accurately present these invoices for payment by the lender through the use of the lender's loan servicing system.