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Changes to Mortgage Escrow Accounts

October 17, 2018

In July 2017, the Vermont Statute 8 V.S.A. § 10404, Home Loan Escrow Accounts legislation went into effect. The change to state law brought Vermont in line with federal requirements. These changes may impact your escrow account payments, thereby increase your overall mortgage payment. Read our full consumer alert on changes to mortgage escrow accounts.