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What’s the Frequency?

Keeping up with tax installment changes

Mortgage servicers are routinely challenged by making timely escrow tax payments. Consistency is key. If you know property taxes in a state or region are always due at the same time, forecasting workload volume and staffing needs can be more easily predicted. However, some taxing jurisdictions tinker with collection schedules or offer alternate tax pay installment options that force servicers to stay on their toes.

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