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The NH Banking Department is responsible for the general supervision of all state chartered financial institutions. These institutions include …
Frequently asked questions
Q:
What is the interest rate that must be credited to escrow accounts maintained by licensed mortgage bankers and servicers for the purposes of taxes and insurance premiums?
A:
During the 6-month period beginning on April 1 of each year, interest shall be paid at a rate of not less than the National Deposit Rate for Savings Accounts...
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