Escrow Administration
Tax Services
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.
Insurance Services
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.
Escrow Analysis
Quarterly or annual analysis of escrow accounts and reporting is performed in accordance with investor requirements, local regulations and latest legislative rules.