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Does Wisconsin have any laws governing when an escrow agent (servicer) must make payment from the account to pay for property taxes and other responsibilities of the borrower?

April 26, 2017account agent escrow Laws payment property taxes Servicer Wisconsin

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Does Wisconsin have any laws governing when an escrow agent (servicer) must make payment from the account to pay for property taxes and other responsibilities of the borrower?

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Yes. For loans that apply to Section 138.052, Wis. Stats., there are various alternatives available to the registrant and the borrower. See Section 138.052 (5m), Wis. Stats.