An escrow shortage occurs when there is insufficient money in your escrow account to pay bills, which is funded by your monthly mortgage payment and determined by a yearly escrow analysis. When you ...

Escrow is an important component of homeownership, but for many homeowners, especially first-time homebuyers, understanding escrow accounts and the annual escrow analysis can be confusing. According ...

It’s practically an annual ritual for homeowners: Around February, a letter comes in the mail detailing the results of your latest escrow analysis. If your account comes up short, you’ll have to pay ...

Among homeowners who have a mortgage escrow account, only 52% fully understand how the account works, according to survey results released Thursday by property tax services provider LERETA. More than ...

Idon't believe we scratched the surface with last week's Q&A column, so here's another round. Q:Every year, our mortgage payment tends to go up, because they say we have an escrow shortage. Should I ...