A+E Networks. On this day in 1865, the U.S. House of Representatives passes the 13th Amendment to the Constitution, abolishing slavery in America.The amendmentread, âNeither slavery nor involuntary servitudeâ¦shall exist within the United States, or any place subject to their jurisdiction.â.
1 Add an escrow account to your loan. 2  Purchase new homeownersâ insurance for you and bill you for it. 3  This lender-purchased insurance, known as force-placed insurance, is typically more expensive than regular homeownersâ insurance. 4  It only protects the lender, not you, in the event of damage to your home.n escrow account makes it easier to pay your large property-related bills by paying small amounts with your mortgage payment each month. That way you donât have to scramble to pay a large property tax bill or insurance premium.
Lenders may agree to this if your down payment is more than 20 percent, although some will raise your interest rate slightly to compensate. Once you agree to putting funds into an escrow account, however, it is difficult to cancel it, so make sure you fully understand the arrangement before your mortgage closes. Get Home Mortgage Loan Offers Customized for You Today