This extra amount is the cushion.. The Real Estate Settlement Procedures Act says that lenders can keep a maximum cushion of one-sixth of the total annual cost of items paid out of escrow. So if your taxes and insurance add up to $3,900 a year, your lender can keep a cushion of $650.Cushions are not overages.his extra amount is the cushion.. The Real Estate Settlement Procedures Act says that lenders can keep a maximum cushion of one-sixth of the total annual cost of items paid out of escrow. So if your taxes and insurance add up to $3,900 a year, your lender can keep a cushion of $650. Cushions are not overages.
Samples in periodicals archive: The Residential Condominium Building Association Policy (RCBAP) of the standard flood insurance policy insures residential condominium associations, and thus the building in which the unit is located. # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z. 1  Home.
The Austin Commercial (Austin) Rolling Contractor Controlled Insurance Program. (RCCIP) is an ongoing consolidated insurance program under which Workerâs Compensation, Employerâs Liability, Commercial General Liability, and Excess Liability (described herein) are. centrally procured and provided on a project basis for all contractors who have been properly.