Servicing

Tampa agency fails to collect foreclosure fees

Nearly half a million goes uncollected

According to the Tampa Tribune, after an audit of Tampa’s Neighborhood Empowerment division in Florida, the firm was reported to have failed to collect more than $450,000 in registration fees for foreclosure properties this year.

“What could we accomplish with an additional half a million dollars?” Councilwoman Lisa Montelione asked Slater. “You’re asking for more money when nearly half a million dollars is going uncollected.”

The audit found the city collected more than $411,000 this year in foreclosure registry fees, levied each year to register foreclosed buildings. But auditors found 2,034 cases where no money had been collected. The registry covers vacant foreclosed properties.

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