Ok ... that makes sense however that interest actually belongs to the property owner making the escrow payment correct? And that should be passed thru to them right?
Do Mortgage Escrow Accounts Earn Interest? (investopedia.com)
Who gets the interest earned on money held in escrow?
State law may determine who gets the interest earned on money in escrow. In California, for instance, homeowners who make mortgage or property tax payments through an escrow account are entitled to the interest earned on that money. Not all states have these types of rules, and it may depend on the bank involved.
Types of Escrow Accounts: Keep Money Safe (thebalancemoney.com)
