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The RealEC ExchangeTM
Products & Services | Service Providers: Registration | Lenders/Originators: Registration

Tax Services
Product Name Description Code
A Service - Delinquency w/out LetterDelinquency Reporting; Each loan is monitored for delinquent property taxes and reported to the lender at the end of each tax cycle. 368
B Service - DelinquencyDelinquency Reporting; Each loan is monitored for delinquent property taxes and reported to the lender at the end of each tax cycle. Delinquency letters/notices to the borrowers are produced and forwarded to the lender or directly mailed to the borrower based upon the lender request. 91
C Service - Impound/EscrowEscrow/Impound Reporting; Each loan that is escrowed for property taxes will be reported to the lender before the economic loss date. These reports detail tax amounts due, date due and other payment terms specific to each taxing agency; allowing the lender to properly disburse escrowed taxes on the borrower's behalf. 90
D Service - Impound/EscrowEscrow/Impound Reporting; Each loan that is escrowed for property taxes will be reported to the lender before the economic loss date. These reports detail tax amounts due, date due and other payment terms specific to each taxing agency; allowing the provider to properly disburse escrowed taxes on the borrower's behalf. 369
Products & Services Provided

•Appraisal
•Automated Valuations
•Business Credit
•Consumer Credit
•Document Signing
•Closing
•Flood Services
•Mortgage Insurance
•Tax Service
•Title
•Verification Services
•Construction Disbursement Service - (through Closing)

 

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