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If you’re familiar with real estate, or have bought or sold a house in the past, you have likely heard the term “escrow.” In this course, Banking: Escrow Accounts, you will learn what the term means. You’ll find out what an escrow account is, how they got started, and four of the main benefits of having one. You’ll also learn about the regulations that apply to escrow accounts under the Real Estate Settlement Procedures Act, or RESPA. This will include escrow analysis and the four key pieces of data they can help identify.
This elearning course is part of our Banking series. It includes a short video presentation with downloadable resources and a quick exam to test your comprehension.
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