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Nebraska Instructions for Quarterly Escrow Certificate and Certificate of Compliance

Category:
Nebraska Statewide - Attorney General Office
State:
Nebraska
Control #:
NE-SKU-0297
Format:
PDF
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Description

Instructions for Quarterly Escrow Certificate and Certificate of Compliance The Nebraska Instructions for Quarterly Escrow Certificate and Certificate of Compliance is a document that mortgage lenders must complete and provide to their mortgage services on a quarterly basis. The document is used to ensure that lenders and services have met their obligations under the Nebraska Mortgage Escrow Account Statute. The document must include the following information: 1. The name and address of the lender and service. 2. The total amount of the escrow account or accounts. 3. The current balance of each escrow account. 4. The amount of each disbursement from the escrow account during the quarter. 5. The current total of all escrow accounts. 6. A Certification of Compliance with the Nebraska Mortgage Escrow Account Statute. The Nebraska Instructions for Quarterly Escrow Certificate and Certificate of Compliance are available in two types: an initial version and an amended version. The initial version is used when a loan is initially serviced, while the amended version is used when the terms of the loan have changed and the escrow account balance must be recalculated.

The Nebraska Instructions for Quarterly Escrow Certificate and Certificate of Compliance is a document that mortgage lenders must complete and provide to their mortgage services on a quarterly basis. The document is used to ensure that lenders and services have met their obligations under the Nebraska Mortgage Escrow Account Statute. The document must include the following information: 1. The name and address of the lender and service. 2. The total amount of the escrow account or accounts. 3. The current balance of each escrow account. 4. The amount of each disbursement from the escrow account during the quarter. 5. The current total of all escrow accounts. 6. A Certification of Compliance with the Nebraska Mortgage Escrow Account Statute. The Nebraska Instructions for Quarterly Escrow Certificate and Certificate of Compliance are available in two types: an initial version and an amended version. The initial version is used when a loan is initially serviced, while the amended version is used when the terms of the loan have changed and the escrow account balance must be recalculated.

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