A mortgage cash account is: An account that a customer uses to make their mortgage payments. An
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A mortgage cash account is: An account that a customer uses to make their mortgage payments. An account that represents the extra payments a customer has made on their mortgage which they can access at any time. An account that is set up by the lending institution to hold the collected property tax payments until the tax bill is received. An account used by the lending institution to hold the mortgage proceeds until the home is registered in the customer's name.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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