what is PIF autodistribution?

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Icon Mini Profile dbd11





Joined: 01 Nov 2010

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Post Posted: Mon Nov 01, 2010 7:43 pm    Post subject: what is PIF autodistribution?
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We paid off a mortgage and received a check from mortgage company several weeks later for what seems as balance of escrow account but chack was marked for:
"PIF Autodistribution" with no further explanation or letter.
Not familiar with this acronym/term. If anybody is- do tell...please.
Icon Mini Profile jerry
jerry
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Post Posted: Tue Nov 02, 2010 2:31 am    Post subject:
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Hi dbd,

Well, I haven't heard of this term. I will suggest you to contact your lender and request him to explain the term to you. He will be able to guide you further in this regard.

Thanks,

Jerry
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