Scheduled Recurring Transfers Issue
We are currently experiencing an issue with scheduled recurring transfers. Some transfers scheduled for Sunday, June 20, may have failed. Please verify that the transfer occurred; if the transfer did not occur please call our Client Contact Center at 855-342-3400 for assistance. We apologize for any inconvenience.
Escrow is a way of transferring or exchanging property or money using a neutral third party. Escrows are established to hold original documents, real estate deeds, titles to property, money, or securities until conditions are fulfilled and the items are released.
An escrow is beneficial to both parties as an independent third party will be holding the documents, processing all regular payments, maintaining an accounting of all transactions, and providing the required reporting.