Why Choose Info-Pro For Real Estate Tax Monitoring?

When it comes to outsourcing real estate tax monitoring—or any lender service, for that matter—it is important to keep in mind that not all vendors are the same. Different vendors offer different services, some of which are better than others. For this reason, it is imperative that you do your research and make sure you are working with a...

By Brian Carmody August 19, 2019 0 Comments
Read More

Why You Should Plan Ahead if Considering Outsourcing Real Estate Tax Services

Over the last several weeks we have been discussing not only how outsourcing real estate tax services can benefit your institution and your borrower, but how it can work to streamline your internal processes. As we learned last week, this is especially true if you plan ahead and don’t jump into a partnership with a vendor on a whim. There are...

Why You Should Plan Ahead if Considering Outsourcing Real Estate Tax Services

Over the last several weeks we have been discussing not only how outsourcing real estate tax services can benefit your institution and your borrower, but how it can work to streamline your internal processes. As we learned last week, this is especially true if you plan ahead and don’t jump into a partnership with a vendor on a whim. There are...

By Brian Carmody March 28, 2017 0 Comments
Read More

The Benefits of Real Estate Tax Monitoring for Tax Sales

Over the last couple of blogs we have discussed the tax sale process, how it differs from state to state, and the important role of real estate tax monitoring. Tax sales present a major risk—to borrowers and financial institutions alike. If a borrower becomes delinquent on their taxes for as little as six months, they are at risk of losing...

By Brian Carmody January 17, 2017 0 Comments
Read More

How Quickly Can Tax Sales Occur?

As we discussed last week, tax sales are a major problem for lenders and borrowers alike. Tax sales occur when a borrower has become delinquent on their property taxes, but it’s a bit more complicated than that. For starters, the tax sale process differs from state to state. In some states, a property can be sold in a tax sale if the homeowner...

By Brian Carmody January 10, 2017 0 Comments
Read More

How Tax Monitoring Differs for Residential and Commercial Portfolios

Real estate tax monitoring for commercial loans is an important service that is underutilized. While it is quite common for financial institutions to outsource real estate tax monitoring for residential loan portfolios, the likeliness of a commercial portfolio going untracked is much higher. In fact, it is estimated that less than 50% of...

By Brian Carmody November 29, 2016 0 Comments
Read More

What is the Future of HELOCs?

After the Great Recession, home equity lines of credit (HELOCs) became scarce, as the mortgage industry had gotten itself into deep water because of the high volume of HELOCs that were approved, and subsequently defaulted. Because of this, banks and credit unions became far more strict with HELOCs approvals.

However, times have changed. Thanks...

By Brian Carmody September 13, 2016 0 Comments
Read More

Common Lender Challenges with HELOCs

You are most likely familiar with HELOCs (home equity lines of credit), but let’s briefly go over what they are, and how they pertain to both lenders and borrowers before we discuss challenges surrounding them. HELOCs are a line of credit, that provide homeowners the option to borrow money against their home. Today, HELOCs are typically only...

By Brian Carmody September 06, 2016 0 Comments
Read More

What Goes Down Must Come Up

Mortgage Origination Market

As most are probably aware, Info-Pro Lender Services operates in an environment that is highly dependent on the mortgage origination market. Predicting future mortgage origination volume is a very difficult task, even for the most renowned economic experts. When reviewing historical data and looking ahead, it is...

By Mike Braun July 25, 2016 0 Comments
Read More

Why Regulatory Expectations Are Important to Real Estate Tax Liens

Real estate tax lien monitoring is an important service that is also somewhat complex in nature. If a bank or credit union fails to properly monitor real estate taxes, it may lead to severe regulatory consequences. As you may have guessed, there are numerous federal regulations in place that are designed to provide guidance and more for...

Stay Up To Date!

Recent Posts