Tax & Insurance Impound Accounts
Updated: May 31, 2019
Ever wonder what is meant by a tax & insurance impound account? It's not a jail for naughty bills.
Well, here's your answer! I fully go through what it means and how it works.
Impound accounts don't have to be scary or a mystery any longer. Now you can make in informed choice and understand where your money is going and how a loan servicer manages the funds.