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What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. escrow account. B. reserve account. C. tax account. D. assessed account.
Question
Asked 2/6/2011 12:16:02 PM
Updated 9/30/2014 3:57:21 PM
1 Answer/Comment
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Flagged by jerry06 [9/30/2014 3:57:21 PM]
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User: What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. escrow account. B. reserve account. C. tax account. D. assessed account.

Weegy: Tax
armywifey4310|Points 60|

Question
Asked 2/6/2011 12:16:02 PM
Updated 9/30/2014 3:57:21 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jerry06 [9/30/2014 3:57:21 PM]
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An escrow account is held by the mortgage lender and used to cover property taxes and homeowner's insurance.
Added 9/30/2014 3:57:19 PM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [8/23/2015 3:57:31 AM]
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