Impounds
What is it? A portion of the monthly mortgage payment that is placed in an account and used to pay for hazard insurance, property taxes and private mortgage insurance.Added By: Logan
The Impounds definition has been viewed 72 Time(s)!
Send To Friends!
If you'd like to send the Impounds definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Impounds. If you need any more information on this term, please don't hesitate to contact us.