Financial and business terms. 2012.
Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… … Wikipedia
Escrow payment — is the common term referring to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount over and above the principal and interest portion of a mortgage payment. Since the escrow… … Wikipedia
Escrow Receipt — A bank guarantee that an option writer has the underlying security on deposit and that the underlying security is readily available for delivery if the option is exercised. The use of escrow accounts and receipts provides further evidence and… … Investment dictionary
escrow — A deed that has been signed and sealed but is delivered on the condition that it will not become operative until some stated event happens. It will become effective as soon as that event occurs and it cannot be revoked in the meantime. Banks… … Big dictionary of business and management
escrow account — n. A bank account into which funds are held as security until the escrow condition is fulfilled. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. escrow account … Law dictionary
Marc Stuart Dreier — Marc Dreier Born Marc Stuart Dreier May 12, 1950 (1950 05 12) (age 61) South Shore, New York, US … Wikipedia
Countrywide Financial — Infobox Company company name = Countrywide Financial Corp. company type = Subsidiary of Bank of America foundation = 1969 location = Calabasas, CA, USA revenue = profit$6,061,437,000 USD (2007) operating income = loss$1,310,274,000 USD (2007) net … Wikipedia
Yield Burning — was a method by which major Wall Street US municipal bond dealers cheated the federal government out of millions of dollars of revenue. [http://query.nytimes.com/gst/fullpage.html?res=9D05E6DC123CF937A25757C0A9649C8B63 scp=2 sq=michael+lissack st … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Kiss the Stone Records — was a bootleg recording company that released many famous bootlegs by bands such as Nirvana, Pearl Jam and Nine Inch Nails. The company was based in San Marino, where the law allowed the company to market bootlegs as long as it placed royalties… … Wikipedia
