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<<The term for what he did is get the mortgage holder to "waive escrow".
If you have sufficient equity in your house, normally the mortgage holder will agree to this.>>

I am trying to find out what my state laws (CA) say about if/when a lender has to waive escrow. For instance, I believe I read recently that California requires a lender to waive escrow if a buyer puts at least 10% down. I've been searching real estate articles and state/county web sites, but have had no luck finding any information so far.

I have requested that my lender cancel my escrow, and was told that they would never waive it, even though my mortgage agreement says it can be waived by the lender. So I want to find out if it is legal for them to say they will never waive it. Actually, I can't even get a straight answer from the company as to whether they're actually my lender or are a mortgage servicer working for a lender. I originally got my mortgage through GM Mortgage. It was sold after just three months, and is now being serviced by Cenlar. Does anyone know if they are a lender or servicer? Who would I contact regarding their lack of response to my inquiries?

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