Know The Risks Associated With Botched Tax Tasks
Servicing Management, November 2007
Unstable
conditions in today’s mortgage market have added immensely to the
challenges faced by servicers. From the subprime meltdown and credit
crunches to skyrocketing default and foreclosure rates, the intense
volume of high-risk...
True
Partnerships Forged Through Strategic Problem Solving
National Mortgage News, September 2007
Complex issues continue to plague the residential and commercial
mortgage industry, impacting everything from productivity and operating
costs to product offerings and the ability of lenders and servicers to
achieve financial and marketplace...
Better Property Tax Management Reduces Loss During REO
Managing REO, July 2007
Difficult challenges in the mortgage market continue to plague servicers
as delinquencies and foreclosures occur in record numbers nationwide,
pushing more and more properties into REO management. While concerns
about the potent...
A Challenging Servicing Environment
Mortgage Banking, July 2007
Commercial real estate servicers gathered this past June in San Antonio, Texas. The venue was a fitting one for commercial
and multifamily servicers today. San Antonio is probably best known as the site of the Alamo, where a small band...
Commercial Servicing Platforms of the Future
Mortgage Servicing News, September 2006
Effective data exchange capabilities are crucial for the efficient
management of commercial servicing portfolios. However, despite the
tremendous increase in efficiency this would bring to lenders, the
majority of servicing platforms...
Striking the Right Balance in Tax Administration
National Mortgage News, August 2006
Lori Eshoo is founder, President and Chief Executive Officer of National
Tax Search LLC. She has over 23 years of commercial and residential
valuation and tax compliance experience, working with taxing/assessing
entities and...
Gulf Coast's Tax Struggles
Commercial Mortgage Insight, March 2006
Although the storm has passed, Hurricane Katrina has left a path of
destruction and chaos in the real estate industry. As reported from the
Louisiana government's website, the governor of Louisiana had issued the
suspension of filing...
Gulf Coast Region Remains Without a Tax Billing Function
Commercial Mortgage Insight, December 2005
In the wake of hurricanes Katrina and Rita, city and municipal officials
in the Gulf Coast area are scrambling to restore some order to the
records-keeping infrastructure that was destroyed by the monster storms.
The absence of a credible...
Servicing The Non-Escrowed Borrower
Servicing
Management,
November
2005
In 1934, the U.S. government first mandated that lenders
should set up and manage escrow accounts for all Federal Housing
Administration-insured mortgages. The impetus for this move stemmed from
the risks and costs associated with...
Watch Those Servicing Assets
Mortgage Servicing News, October 2005
Lenders are reacting to a changing marketplace. Experienced players see
a familiar shifting cycle, increasing home-equity or subprime lending to
compensate for flagging refinance business. As this trend continues, it
poses new risks for...
National Tax Search Sees Opportunity in Residential Loans
National Mortgage News, August 2005
National Tax Search here is interested in moving beyond its core market,
providing tax services to commercial mortgage lenders, to serve the
residential market as well. Lori Eshoo, CEO of NTS, said that her firm
is not necessarily looking...
The
Right Game Plan
Mortgage Banking, August 2005
What do commercial real estate tax issues and a baseball game have in
common? Even with a strong starting rotation, problems can still force
the servicer or owner to forfeit the desired outcome. Injuries and
errors can interrupt a winning...
Data Makes the Difference in Portfolio Transfers
Scotsman Guide - Commercial, May 2005
Commercial-mortgage lending and servicing is a volatile business.
Economic changes in a particular statistical area can turn a promising
marketplace into a second or third-tier opportunity. Industry executives
also monitor the...
Vigilance In Higher-Risk Markets
Servicing Management, April 2005
Although the mortgage industry boom of recent years may seem like a
distant memory to some mortgage bankers, many expanded loan programs -
especially in the non-conforming market - have continued to fuel strong
growth for lenders...
Bundling Settlement Service Technologies
Real Estate Technology Insight, March 2005
On Feb. 17, 2005, National Tax Search, LLC (NTS), a nationwide provider
of property tax management services and Hall Settlement Systems, a
provider of software that automates processing of residential mortgages,
announces a strategic...
Land Development Projects Require Unique
Multi-Parcel Management
Commercial Mortgage Insight, March 2005
The zoning, project planning approval and environmental due diligence challenges faced by commercial developers can pale in comparison to the arduous, sometimes years-long task of parcel management and task administration for major...
Tax Administration and the Outsourcing Solution
Scotsman Guide Commercial Edition,
November 2004
Not so long ago, when the mortgage market cycled downward, lenders would just downsize their organizations. Then, when interest rates fell and applications rose, companies would staff back up to handle the increased demand. But over the...
Manage Taxes At Peak Performance
Servicing Management, November 2004
Tax administration is a complex area of mortgage loan servicing that deserves some attention. Handling this part of the business effectively helps ensure that your shop runs smoothly. There are over 25,000 taxing authorities in the U.S....
The
Effects of Data Standardization on Commercial Tax Administration
Scotsman Guide Commercial Edition, October 2004
The business of commercial mortgage lending and servicing has
traditionally been paper based. Even the computerized tools companies
now use to make their processes more efficient continue to create reams
of paper (although admittedly...
The
Technology Behind Effective Tax Administration
Scotsman Guide
Commercial Edition, September 2004
No one would question the fact that better technologies have changed the
commercial mortgage business. Deals that used to take weeks of due
diligence can now be closed on-line, sometimes in a matter of days.
Likewise, the task of shifting the...
Going
Commercial? Tax Administration is a Little... Different!
Mortgage
Servicing News, September 2004
Tax administration is an area that must be professionally managed by all
servicers, whether their portfolios are residential, commercial or both.
But for lenders and servicers contemplating a first time move into the
commercial arena, tax...
Tax
Administration Doesn't Have to be Taxing with Outsourced Services
Commercial Mortgage Insight, November 2003
The trend to outsource is growing as commercial mortgage companies seek
to control costs and streamline operations. Outsourcing to a property
tax management service will accomplish both, with an added bonus: reduce
or even eliminate...
Minimizing Volume of Costly Errors
Servicing Management, November
2003
For at least two decades, the mortgage industry has faced two major
property tax management issues: high penalties and administrative
inefficiencies. Manual handling of mountains of paperwork left
processing prone to data entry errors...