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Loan Servicing Field 92

Question

    It is my understanding I should enter the month I will be doing my escrow analysis in Field 92 of the Loan Servicing Master Record. Am I right?

Answer

    Not exactly. While Field 92 Begin Next Coupon Date relates directly to the escrow analysis process, the date in Field 92 is actually the date of the first new coupon after completing the analysis. The actual analysis should be completed and coupons mailed prior to this date.

    An excellent discussion on the timing of your escrow analysis is in the LS Escrows section.

Updated February 14, 2005 at 11:37 a.m.