impound account

  • 1impound account — Accumulated funds (normally collected monthly from mortgagor or trustor) held by a lender for payment of taxes, insurance, or other periodic debts against real property. The lender pays the tax bill, premium, etc. from the accumulated funds when… …

    Black's law dictionary

  • 2impound account — Accumulated funds (normally collected monthly from mortgagor or trustor) held by a lender for payment of taxes, insurance, or other periodic debts against real property. The lender pays the tax bill, premium, etc. from the accumulated funds when… …

    Black's law dictionary

  • 3Impound — An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and other required payments from the mortgage holders; these payments are necessary to keep the home but are not… …

    Investment dictionary

  • 4account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …

    Black's law dictionary

  • 5account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …

    Black's law dictionary

  • 6impound — im·pound /im pau̇nd/ vt: to take control of in the custody of the law or by legal authority impound a vehicle the police impound ed the dwelling until the search warrant was obtained im·pound·ment n Merriam Webster’s Dictionary of Law. Merriam… …

    Law dictionary

  • 7impound — To shut up stray animals or distrained goods in a pound. To seize and take into the custody of the law or of a court. Thus, a court will sometimes impound a suspicious document produced at a trial or a vehicle, funds, records, or other items used …

    Black's law dictionary

  • 8impound — To shut up stray animals or distrained goods in a pound. To seize and take into the custody of the law or of a court. Thus, a court will sometimes impound a suspicious document produced at a trial or a vehicle, funds, records, or other items used …

    Black's law dictionary

  • 9Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… …

    Wikipedia

  • 10List of real estate topics — This aims to be a complete list of the articles on real estate. NOTOC compactTOC # *72 hour clause A *Abstract of title *Acknowledgment *Acre A measure of land *Ad valorem tax *Adjustable rate mortgage (ARM) *Administrator/Administratrix *Adverse …

    Wikipedia