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Outsourced Escrow Services
- Credit Unions
- Finance Companies
- Auto Dealers
Changes to federal Regulation Z rules have made the escrow of insurance premium and tax bills a mandatory part of lending. We are here to help you manage these costly functions using our state-of-the-art UniTrac system and our Purdue University-certified process management.
Our services include escrow account analysis at loan closing, procurement and tracking of taxes, disbursement of taxes and insurance and annual analysis of escrow accounts. As part of this analysis and service, we will collect, validate and track down missing insurance premiums and tax bills and then report bill payment information back to you, making this solution particularly valuable for lenders with limited internal escrow capabilities.