I don't think you know what you are asking:
The ESCROW company collects the funds from parties, and holds it as a third party, until the Escrow closes.
They also handle all the paperwork.
Probably, things are a little different for ya'll in N.J., with Attorneys.
The Escrow Company is usually also the TITLE company; which does the title search, looks for LIENS, and dispenses TITLE INSURACE to cover you.
In any case, the BANK is not the recipient.
Be sure to get your GFE from the Lender, and your HUD1 from the Title Company.