Interesting Phosphorus Facts. 1  Brand called the new element cold fire because it glowed in the dark. The name of the element comes from the Greek word phosphoros, which means bringer of light. The form of phosphorus Brand discovered was white phosphorus, which reacts with oxygen in air to produce a green-white light.
A mortgage escrow service is much like a forced savings account. Money is paid directly to the escrow service where it is held until payments are due. For example, when you pay your mortgage bill, several hundred dollars per month are added to your payment. mortgage escrow account is an easy and simple way to manage your annual tax and insurance payments and put them on autopilot. Sure, it costs a little extra money every month, but to me, it is well worth the convenience.
Federal Housing Administration-insured mortgages require escrow accounts. RATE SEARCH: Shop FHA-approved lenders today. Should you avoid escrow? Should you set up an escrow account for a new home or shoulder the responsibility of paying taxes and homeowners insurance on your own? The simple answer: It depends.