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Seth Rogen mocks Kathie Lee Gifford for not knowing what ‘escrow’ is

Perhaps it has to do with all that early-morning wine drinking, but Seth Rogen had some fun at the expense of Today co-host Kathie Lee Gifford when the word “escrow” came up during a discussion of his new film Neighbors 2.

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While Rogen and co-host Hoda Kotb made escrow jokes, Gifford was clueless as to its meaning.

“It is only a California thing, isn’t it?” asked Gifford, to which Rogen responded, “Do they not have escrow here?”

“Yeah, they do,” replied Kotb. Gifford’s response: “They do?”

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This seriously tickled Rogen, causing the Vancouver-born funnyman to quip: “They have escrow! You’re not paying attention to your real estate, Kathie Lee. They have escrow all over America.”

Gifford, however, insisted that the term is “called something different outside of California, but Rogen corrected her. “I don’t think it is! Kathie Lee doesn’t know what escrow is!”

In fact, Rogen went on to define escrow for her. “It’s a time in which – pay attention Kathie – buyers are able to pull out of a purchase, even though all the paperwork is done, should something become undesirable about the situation.”

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After the actor’s explanation, Gifford argued Rogen only knew the term because “he lives in California,” but the actor shot back, “No, it’s because I read my paperwork and I’m aware of what’s happening.”

A clearly amused Rogen added: “You’re so mad at me right now.”

“I really am!” Gifford replied. “Of all the real estate deals I’ve done over the past 40 years, not once was the word escrow used!”

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