ESCROW OPERATIONS SUPPLEMENT 2025

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An escrow account provides a secure and impartial way to protect both buyer and seller during a transaction by not releasing the funds until all conditions have been met. This can help prevent fraud, mismanagement and other problems that can arise.
Acts as a liaison with Escrow/Branch managers and leaders of other functions/ operations/ business units and provides feedback and resolution on escalated issues, process issues/changes and results. Coordinate and monitor efforts between groups. Represents escrows involvement with changes to processes.
Supplemental escrow instructions are essentially a type of amendment and are subject to the rules that govern amendments. The different characterizations are used mainly to clarify the nature of a change or addition. An amendment is usually understood to change the meaning or effect of existing provisions.
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