QuickHelper

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Teaching Since: May 2017
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    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Business & Finance Posted 03 Jun 2017 My Price 10.00

real estate finance question need response NOW

Question description

 

just made her monthly mortgage payment which included a share of her property taxes and her hazard insurance premium. What will the lender do with the tax and insurance portions of the payment?

a) send them to the county auditor and the insurance company within ten days

b) apply them to release part of the security property from the lien

c) Keep them in an impound account until payment is due

d) invest them for the benefit of the borrower

Answers

(10)
Status NEW Posted 03 Jun 2017 01:06 PM My Price 10.00

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