The California Department of Financial Protection and Innovation recently released a new opinion letter covering aspects of the California Money Transmission Act (MTA) and the Escrow Act related to ...
Today, we turn our attention to escrow trust accounts, which do not offer any additional layers of FDIC protection when buying or selling a home than traditional checking, savings and money market ...
WILMINGTON, Del., March 5, 2019 /PRNewswire/ -- Wilmington Trust, N.A. expanded its suite of escrow services to operate as a qualified intermediary for the facilitation of Section 1031 like-kind ...
What comes first, the payment or the service, the money or the merchandise? It is best when they happen simultaneously, but this is not always possible. The seller says, “Pay me now and trust me to ...