Current Events

Preserving The American Dream Through Proper Property Tax Collection Procedures

Written by Marcus Balocca

Tax servicing companies are tasked with achieving customer satisfaction by processing property tax payments in a timely and accurate manner on behalf of their respective lenders. As a tax service company, we must also consider that customer satisfaction extends far beyond merely achieving (or exceeding) our lenders’ expectations. We also have another client’s interest and satisfaction concurrently at stake; namely, the borrower. READ MORE

Tax Certificates: They Are Still Important

Written by Chris Flynn

One of the most important financial decisions that we make in a lifetime is the purchase or refinance of a home or other real property. While most all of us understand the benefits of car, life or health Insurance, title insurance is something that is rarely given much thought prior to sitting down at the closing table with an escrow officer or attorney. READ MORE

The Trouble with Tax-Lien Lending

Written by Chris Masten and Mark Collins

Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage.

Property tax lending is a high-interest-rate, multi billion-dollar business that increasingly targets lower-income families and families in financial distress, and it's a growing concern for mortgage holders. 

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Vendor Launches Comprehensive Additional Parcel Search Solution

LERETA, a national real estate tax and flood service provider, has launched its Additional Parcel Search Solution, a proprietary new solution that materially improves identification of additional parcels at the initiation of tax service. This solution reduces portfolio risk associated with penalties and interest and potential loss at tax sale. READ MORE

New Approach To Tax Services Minimizes Servicers’ Risk

LERETA Additional Parcel Search

LERETA, a national real estate tax and flood service provider, has launched its Additional Parcel Search Solution – a way to improve the identification of additional parcels at the initiation of tax service, thereby reducing portfolio risk. READ MORE

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