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.
With an escrow account, the amount you owe in property taxes and homeowners insurance for the year is divided into 12 parts.Say your annual taxes are $3,000 and your insurance is $600. Your mortgage payment to your financial institution would include $300 each month to cover those costs.Without an escrow account, you'd have to pay $3,600 out of pocket when your insurance and tax bills are due.ay your annual taxes are $3,000 and your insurance is $600. Your mortgage payment to your financial institution would include $300 each month to cover those costs. Without an escrow account, you'd have to pay $3,600 out of pocket when your insurance and tax bills are due.