by Russ Lis | Dec 14, 2025 | Mortgage and Claim Funds
A repair contract funded by an insurance claim brings together at least three parties with distinct interests in how and when money moves: the homeowner who needs the work done, the contractor who needs to be paid for materials and labor, and, when a mortgage is...
by Russ Lis | Dec 13, 2025 | Mortgage and Claim Funds
The word escrow shows up often enough in mortgage-related claim discussions that it is worth separating what it actually means from the more general phrase held funds. In the strict sense, an escrow account is a dedicated account, sometimes maintained by the...