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. |
