Three New York homeowners sued Bank of America for skirting a state law that requires lenders to pay at least 2% of the annual interest on homeowners’ escrow accounts. The homeowners deposited funds ...

Escrow can refer to multiple things in the finance world, whether it’s accounts during the home buying process or a state of being for unsold property. So, what exactly is it? Escrow is a ...

ARLINGTON, Va., Feb. 10, 2025 /PRNewswire/ -- Allied Title & Escrow is elevating its commercial services to another level—now handling commercial deals in all 50 states. With nearly a decade of ...

Trust and escrow accounts represent two distinct financial instruments, each serving unique purposes within the financial services sector. Financial professionals recognize escrow accounts as ...

And both are clear when it comes to money held in escrow for real estate transactions. The State Treasurer's Office is unable to pay the money to anyone without a written release from all the ...