My mortgage lender added an escrow account for taxes and insurance to my mortgage for $7000/yr actual costs. They added $1495 a month for escrow which comes out to over $17,000/yr. Is it legal to make $10,000 for a $7000 escrow. What recourse do I have for this loan sharking? What control do I have over escrow? Can I pull out my tax & insurance from lender?