Brendan Byrnes Articles

Last 50 articles...

Today's Market

updated 2 days ago Sponsored by:
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASD 4,095.52 0.00 0.00%

Community: Investing Wiki

Term Of The Hour

calculating escrow balance: Original post by Lisa Bigelow of Demand Media Escrow accounts are frequently used by home lenders who wish to keep a reserve of funds available for payment of a homeowner's property tax and insurance payments, while making payments on behalf of the homeowner. These homeowners make an initial deposit into the escrow account at closing, and then contribute to the account every month with their…

Want to learn more or edit this definition?
Click here to read more!