
LeaderBank Adds Escrow Payment Option
DepositLink allows real estate brokerages, agents and escrow holders to request time-sensitive payments digitally from homebuyers.
DepositLink allows real estate brokerages, agents and escrow holders to request time-sensitive payments digitally from homebuyers.
One bank from New Hampshire, one from Massachusetts, one from Connecticut and two from New Jersey teamed up to help develop a fintech-based solution for often-manually-intensive escrow services. And the unusual approach is paying off as they learn from each other and collaborate.
Do you really need an escrow account attached to your mortgage? Aren’t you capable of remembering when it’s time to pay tax and insurance bills? These questions suddenly are more controversial than you might guess.