Telephone and internet research of current taxes is performed. The servicing system
is updated with the most current information. Delinquency reports are generated
for non-escrow accounts with unpaid taxes.
Hazard, flood, optional insurance, PMI reporting and research is performed using
the telephone and internet. Force placement warning letters are generated and the
purchase of force placed insurance is coordinated with a third party vendor.
Quarterly or annual analysis of escrow accounts and reporting is performed in accordance
with investor requirements, local regulations and latest legislative rules.