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To: Fred

What chaps me is they use this escrow money and you don’t get a dime in interest. Billions of dollars. That’s why they pay the taxes and insurance on the last day it’s due. One day amounts to a lot of money in interest gained.


6 posted on 10/13/2010 1:36:22 PM PDT by Terry Mross (Never again will I hold my nose and vote for a rino.)
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To: Terry Mross
“What chaps me is they use this escrow money and you don’t get a dime in interest.”

Do you have any idea the infrastructure and cost it takes to pay taxes to thousands of taxing authorities for hundreds of thousands of borrowers?

9 posted on 10/13/2010 1:43:29 PM PDT by HereInTheHeartland (You know it's bad for them when Obama's #1 enemy is the Chamber of Commerce)
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To: Terry Mross

Our county has a discount for early payment. All the escrow accounts I know of pay early and get the discount.


16 posted on 10/13/2010 1:58:01 PM PDT by PeteB570 (Islam is the sea in which the terrorist shark swims. It aids & comforts the shark on it's journey.)
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