The ethical principle behind escrow funds is simple—the funds belong to a client or a third party, not the attorney. The attorney, who is a fiduciary, cannot commingle escrow funds with the attorney's ...

Today, we turn our attention to escrow trust accounts, which do not offer any additional layers of FDIC protection when buying or selling a home than traditional checking, savings and money market ...

When closing on a home loan to help pay for your home purchase, you may find that your lender requires you to have an escrow account with them. In some cases, you can opt out, though you may not want ...

A Long Island lawyer was disbarred for misusing a vulnerable client’s home-sale proceeds for personal gain and billing ...

A Floral Park -based real estate attorney was sentenced Wednesday for stealing more than $1.7 million from the escrow ...

A state appeals court has suspended a New York lawyer from practicing law for two years after she admitted to misusing her attorney escrow account for the personal benefit of her father, intentionally ...