Finance
A Wisconsin lender's escrow (impound) account for a new buyer collects monthly amounts for:
AHomeowner's insurance and PMI only
BProperty taxes and homeowner's insurance (and possibly PMI)✓ Correct
CFuture renovation costs
DHOA dues and special assessments
Explanation
Lender escrow (impound) accounts collect monthly amounts from the borrower for property taxes, homeowner's insurance, and possibly PMI, so the lender can pay these obligations when due on behalf of the borrower.
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