Escrow Account Analysis Law and Legal Definition
Escrow account analysis means the accounting that a servicer conducts in the form of a trial running balance for an escrow account to:
(1) determine the appropriate target balances;
(2) compute the borrower's monthly payments for the next escrow account computation year and any deposits needed to establish or maintain the account; and
(3) determine whether shortages, surpluses or deficiencies exist.
