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Around the Towns - Scranton TimesMembers of Ambrose Revels American Legion Post 328 presented gifts to veterans of the Gino Merli Veterans’ Center in Scranton, said post member James Murphy. The holiday gifts were presented as part of the post’s commitment to seeing that ...
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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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