How Little Liens can Cause BIG Problems
By Shelley Lucas Vice President Tax Operations LERETA Hard to Identify Lower Liens Can Cause Loss of First Lien Position and Collateral Risk Today, it’s hard enough for servicers and tax servicers to keep up with the 23,000 taxing authorities across the U.S., which is why the additional thousands of [...]
Manufactured Homes: A Growing Market and A Growing Challenge for Servicers
By Heather Amick, Senior Client Executive, LERETA Approximately 22 million Americans live in manufactured homes today, and that number is expected to grow as the price of a site-built home becomes less affordable and the population ages. But as the popularity of manufactured homes grows, so will tax servicing challenges for banks, mortgage [...]
Tax Vendor Risk Assessment – Where to Begin?
By Jim Micali Chief Operations Officer LERETA “Third parties are an extension of the engaging organization and, in some cases, perform very critical functions for them. Therefore, it is vital to ensure that third party ecosystems, supply chains and other external partnerships are as resilient as the engaging organization.” [...]