The ‘Unintended’ Effect of New Tax Laws on Property Tax Servicing

Mortgage Orb, Jan. 10,2018–Mark Collins
Mortgage servicers have set up a very complicated system that attempts to get taxes paid on time and allows them time to perform research on exceptions. This fragile system of timing tax payments has now collided with the new tax laws introduced just before the end of 2017, which threw a wrinkle into this already delicate framework.