Tax Servicing an ‘Intricate Part of the Loan Servicing Industry’
Mortgage Orb, Dec. 6, 2017–Marcus Balocca, John Permejo
Tax servicing is a complex but important part of loan servicing. There are more than 24,000 tax agencies or taxing authorities across the country and U.S. territories, each with their own rules, processes and guidelines for providing tax information and collecting and processing tax payments.