I currently pay escrow with my monthly mtg. I want to cancel this arrangement but my bank won't let me.

What are my rights?

REB

Was that part of the mortgage contract? What reason is the bank giving you for not allowing it?

Why do you want to stop paying escrow?

They keep making mistakes. I have 7 years left on my mtg so I don't want to refi. I just want to manage my own taxes and insurance.

Can I legally ask them to release me from the escrow arrangement?

REB

You can ask, but its generally up to the bank to decide to allow it. If you read your mortgage contract there is probably a clause in there where you agreed to let them manage the escrow.

What mistakes are they making?