Finance
An 'escrow account' (impound account) maintained by a NC mortgage lender collects monthly deposits for:
AThe broker's commission
BProperty taxes and homeowners insurance so the lender can make these payments on the borrower's behalf✓ Correct
CHOA dues and special assessments
DThe borrower's emergency repair fund
Explanation
Lender-maintained escrow (impound) accounts collect monthly contributions for property taxes and homeowners insurance, ensuring these critical payments are made on time to protect the lender's collateral.
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