Case 16-33676-KRH Doc Filed 06/26/20 Entered 06/26/20 07:55:51 Desc Main

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Case 16-33676-KRH Doc Filed 06/26/20 Entered 06/26/20 07:55:51 Desc Main

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FinalSN Servicing Corporation

323 FIFTH STREET

EUREKA, CA 95501

For Inquiries: (800) 603-0836

Main Office- NMLS ID #5985, Branch Office- NMLS ID #9785

June 23, 2020Analysis Date:

ORLANDO A RODAS Loan:

MARIA D RODAS

6606 BATTLEWOOD RD

RICHMOND VA 23234

Property Address:

6606 BATTLEWOOD ROAD

RICHMOND, VA 23234

Annual Escrow Account Disclosure Statement

Account History

This is a statement of actual activity in your escrow account from Mar 2020 to July 2020. Last year's anticipated activity

(payments to and from your escrow account) is next to the actual activity.

Mar 01, 2020

(2,406.28)

608.65

767.35

121.73

0.00

0.00 168.06

($1,965.69)

$889.08

Payment Information Escrow Balance Calculation

Due Date:

Escrow Balance:

Anticipated Pmts to Escrow:

Anticipated Pmts from Escrow (-):

Anticipated Escrow Balance:

Principal & Interest Pmt:

Escrow Payment:

Other Funds Payment:

Assistance Payment (-):

Total Payment: $1,100.48

0.00

0.00

333.13

767.35

Current: Effective Aug 01, 2020:

0.00 0.00Reserve Acct Payment:

Payments to Escrow

Date Anticipated Actual

Payments From Escrow

Anticipated Actual Actual

Escrow Balance

RequiredDescription

Starting Balance 0.00 0.00

Mar 2020 * Escrow Only Payment365.19 0.00 365.19

Mar 2020 * Escrow Disbursement95.32 0.00 269.87

Mar 2020 * County Tax941.58 0.00 (671.71)

Mar 2020 * County Tax900.99 0.00 (1,572.70)

May 2020 *121.73 0.00 (1,450.97)

May 2020 *121.73 0.00 (1,329.24)

May 2020 * County Tax813.35 0.00 (2,142.59)

Jun 2020 * Forced Place Insur263.69 0.00 (2,406.28)

Anticipated Transactions 0.00 (2,406.28)

Jun 2020 Forced Place Insur486.92 84.03 (2,003.39)

Jul 2020 Forced Place Insur121.73 84.03 (1,965.69)

$0.00 $1,217.30 $0.00 $3,182.99

An asterisk (*) indicates a difference from a previous estimate either in the date or the amount. If you want a further explanation, please call

our toll-free number.

Last year, we anticipated that payments from your account would be made during this period equaling 0.00. Under

Federal law, your lowest monthly balance should not have exceeded 0.00 or 1/6 of the anticipated payment from the

account, unless your mortgage contract or State law specifies a lower amount. Your mortgage contract and State law are

silent on this issue.

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FinalSN Servicing Corporation

For Inquiries: (800) 603-0836

Main Office- NMLS ID #5985, Branch Office- NMLS ID #9785

June 23, 2020Analysis Date:

ORLANDO A RODAS Loan:

Annual Escrow Account Disclosure Statement

Projections for Coming Year

This is an estimate of activity in your escrow account during the coming year based on payments anticipated to be made to and

from your account.

Date Anticipated Payments

To Escrow From Escrow Description

Escrow Balance

Anticipated Required

Starting Balance (1,965.69) 502.87

Forced Place InsurAug 2020 230.27 84.03 (1,819.45) 649.11

Forced Place InsurSep 2020 230.27 84.03 (1,673.21) 795.35

Forced Place InsurOct 2020 230.27 84.03 (1,526.97) 941.59

Forced Place InsurNov 2020 230.27 84.03 (1,380.73) 1,087.83

County TaxDec 2020 230.27 941.58 (2,092.04) 376.52

Forced Place InsurDec 2020 84.03 (2,176.07) 292.49

Forced Place InsurJan 2021 230.27 84.03 (2,029.83) 438.73

Forced Place InsurFeb 2021 230.27 84.03 (1,883.59) 584.97

Forced Place InsurMar 2021 230.27 84.03 (1,737.35) 731.21

Forced Place InsurApr 2021 230.27 84.03 (1,591.11) 877.45

Forced Place InsurMay 2021 230.27 84.03 (1,444.87) 1,023.69

County TaxJun 2021 230.27 813.35 (2,027.95) 440.61

Forced Place InsurJun 2021 84.03 (2,111.98) 356.58

Forced Place InsurJul 2021 230.27 84.03 (1,965.74) 502.82

$2,763.24 $2,763.29

(Please keep this statement for comparison with the actual activity in your account at the end of the escrow accounting computation year.)

Your escrow balance contains a cushion of 292.49. A cushion is an additional amount of funds held in your escrow

Federal law, your lowest monthly balance should not exceed 460.55 or 1/6 of the anticipated payment from the account,

unless your mortgage contract or State law specifies a lower amount. Your mortgage contract and State law are silent on

this issue.

balance to prevent the balance from becoming overdrawn when an increase in the disbursement amount occurs. Under

Your ending balance from the last month of the account history (escrow balance anticipated) is (1,965.69). Your starting

balance (escrow balance required) according to this analysis should be $502.87. This means you have a shortage of 2,468.56.

This shortage may be collected from you over a period of 12 months or more unless the shortage is less than 1 month's

deposit, in which case we have the additional option of requesting payment within 30 days. We have decided to collect it over 24

months.

We anticipate the total of your coming year bills to be 2,763.29. We divide that amount by the number of payments expected during

the coming year to obtain your escrow payment.

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New Escrow Payment Calculation

Unadjusted Escrow Payment 230.27

Surplus Amount:

Shortage Amount:

0.00

102.86

Rounding Adjustment Amount: 0.00

Escrow Payment: $333.13

Paying the shortage: If your shortage is paid in full, your new

monthly payment will be $997.62 (calculated by subtracting the

Shortage Amount to the left and rounding, if applicable). Paying the

shortage does not guarantee that your payment will remain the same, as

your tax or insurance bills may have changed. If you would like to pay

the shortage now, please pay the entire amount of the shortage before

the effective date of your new payment. To ensure that the funds are

posted to your account correctly, please notify your asset manager that

you are paying the shortage.

NOTICE OF RIGHT TO CANCEL PRIVATE MORTGAGE INSURANCE: If you currently pay private mortgage insurance

premiums, you may have the right to cancel the insurance. In most cases, you have the right to cancel private mortgage insurance if

the principal balance of your loan is 80 percent or less of the current fair market appraised value of your home, and you have a good

payment history on your loan. If you want to learn whether you are eligible to cancel this insurance, please contact us at 323 Fifth

Street, Eureka, Ca 95501 or 800-603-0836.

* Please note if you have autopay/EFT set up on your loan, it is your responsibility to make sure your payment amount is

updated. Enclosed is the EFT form that needs to be completed. Once completed, please fax to the number listed on the EFT form

or return in the self-addressed envelope.

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UNITED STATES BANKRUPTCY COURT 

EASTERN DISTRICT OF VIRGINIA 

RICHMOND DIVISION 

Chapter 13 

Debtor. Judge Kevin R. Huennekens

Robert B. Duke, Jr., Debtor’s Counsel 

rdukelaw@gmail.com 

Suzanne E. Wade, Chapter 13 Trustee 

ecfsummary@ch13ricva.com 

Office of the United States Trustee 

(registeredaddress)@usdoj.gov 

Orlando Alexander Rodas, Debtor 

6606 Battlewood Rd. 

N. Chesterfield, VA 23234 

Authorized Agent for Creditor 

Sottile & Barile, LLC 

394 Wards Corner Road, Suite 180 

Loveland, OH 45140 

Phone: 513.444.4100 

Email: bankruptcy@sottileandbarile.com

In 

aka Orlando A Rodas 

dba

Re: Case No. 16-33676-KRH

Orlando Alexander Rodas 

 

Rodas Painting LLC

I certify that on June 26, 2020, a copy of the foregoing Notice of Mortgage Payment Change was 

filed electronically. Notice of this filing will be sent to the following party/parties through the 

Court’s ECF System. Party/Parties may access this filing through the Court’s system: 

CERTIFICATE OF SERVICE 

I further certify that on June 26, 2020, a copy of the foregoing Notice of Mortgage Payment 

Change was mailed by first-class U.S. Mail, postage prepaid and properly addressed to the 

following: 

Dated: June 26, 2020 /s/ D. Anthony Sottile 

 D. Anthony Sottile 

Case 16-33676-KRH Doc Filed 06/26/20 Entered 06/26/20 07:55:51 Desc Main

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