impounds

listen to the pronunciation of impounds
English - English
third-person singular of impound
impound
To shut up or place in an inclosure called a pound
impound
The portion of the mortgage payment held by the lender to pay for taxes, homeowners insurance, mortgage insurance and other items
impound
The portion of a borrower's periodic payment on a loan that is collected to pay for items other than principal, interest or penalties (such as realty taxes, insurance premiums, etc )
impound
To seize and hold in the custody of the law; generally used in reference to objects or animals rather than people
impound
A part of your monthly mortgage payments which is set aside by the lender to cover the cost of taxes, insurance, ground rents and other items Also known as reserves or escrow (see Escrow Account)
impound
A portion of the monthly mortgage payment that is placed in an account and held to pay hazard insurance, property insurance, and private mortgage insurance
impound
That portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Also known as reserves
impound
If something is impounded by policemen, customs officers or other officials, they officially take possession of it because a law or rule has been broken. The ship was impounded under the terms of the UN trade embargo The police moved in, arrested him and impounded the cocaine. = confiscate. if the police or law courts impound something you have or own, they keep it until it has been decided that you can have it back = confiscate (POUND2)
impound
That portion of a borrower's monthly payments held by the lender or loan servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Also known as reserves
impound
That portion of a borrower’s monthly payment held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Also known as Reserves
impound
place or shut up in a pound; "pound the cows so they don't stray" take temporary possession of as a security, by legal authority; "The FBI seized the drugs"; "The customs agents impounded the illegal shipment"; "The police confiscated the stolen artwork
impound
place or shut up in a pound; "pound the cows so they don't stray"
impound
To hold in the custody of a court or its delegate; as, to impound stray cattle; to impound a document for safe keeping
impound
Portion of a borrower's monthly payments held by the lender to pay for taxes, insurance and other items as they become due
impound
Portion of a borrower's monthly payments held by the lender to pay for taxes, insurance, and other items as they become due
impound
Index- (1) An alphabetical listing in the public records of the names of parties to recorded real estate instruments together with the book and page number of the record (2) The listing in abstract and title plants of recorded real estate instruments in groups according to land descriptions, known as a geographic index (3) The alphabetical listing in abstract and title plants, by names of the parties, of all recorded instruments that affect but do not describe particular real estate, such as judgments, powers of attorney, wills and probate proceedings Such indexes are known by various names, such as "general index," "judgment index" and "name index " Instrument- Any written document having a legal effect IMPOUND - That portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Also known as reserves
impound
take temporary possession of as a security, by legal authority; "The FBI seized the drugs"; "The customs agents impounded the illegal shipment"; "The police confiscated the stolen artwork"
impound
To take into legal custody documents, funds, vehicles, other property
impound
{f} shut up, enclose, confine; seize, confiscate; dam up water, confine water in a reservoir
impound
The collection of funds for the payment of taxes and insurance, along with the monthly loan payment In impounded accounts, the lender collects 1/12th of the annual charge for taxes and insurance and holds it in an "impound account" (sometimes confusingly called an "escrow account"), and then pays the annual charge when due
impound
That portion of a mortgagor's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Known as escrows or reserves in some states
impound
that portion of a mortgagor’s monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due Known as reserves in some states
impound
To shut up or place in an inclosure called a pound; hence, to hold in the custody of a court; as, to impound stray cattle; to impound a document for safe keeping
impound
The process of withdrawing funds from a client's account and placing them into another company's custodial account
impounds
Favorites