Mortgage Servicing Escrow Accts Public Guidance Docs 1 – What are escrow disclosure Public Guidance Documents?

Compliance > Regulation X and Z - Servicing
Q:   What are escrow disclosure Public Guidance Documents?
A:   (UPDATED 6/2/2021): Under Regulation X, “Public Guidance Documents” are Federal Register documents adopted or published, that the Bureau may amend in the future. 12 CFR § 1024.2(b). These documents may also be provided by the Bureau in response to written requests for such documents. The Public Guidance Documents that reference escrows disclosures are referred to as Escrow Disclosure Public Guidance Documents.
For example, § 1024.17(h)(1) references Public Guidance Documents for initial escrow account statements which are published in the Federal Register under the titles “Initial Escrow Account Disclosure Statement—Format” and “Initial Escrow Account Disclosure Statement—Example.”
This Q&A was contained in the CFPB’s Mortgage Servicing FAQs – version 3, as of June 2, 2021 (which may be updated from time to time).  This may be found on the CFPB’s website here:

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