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15. What is the name of an account managed by a third party who makes payments according to a set of instructions, often used for insurance and tax payments for a mortgage?

15. What is the name of an account managed by a third party who makes payments according to a set of instructions, often used for insurance and tax payments for a mortgage?
asked 26.2k views
1 vote
15. What is the name of an account managed by a third party who makes

payments according to a set of instructions, often used for insurance and tax
payments for a mortgage?

asked
User Kodekan
by
7.8k points

1 Answer

2 votes
It’s called a escrow service
answered
User Shalama
by
7.8k points
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