An escrow account: Group of answer choices Is a non-interest-bearing account into which...

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Finance

An escrow account:
Group of answer choices
Is a non-interest-bearing account into which a borrower prepays certain fees and taxes
Ensures that a default insurance policy does not lapse if a borrower is in danger of default
Ensures that sufficient funds are collected to make annual hazard insurance and property tax payments
All of the above

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