Written by Dennis Gassoway, as originally published in The Reverse Review.

With the ever-expanding footprint of reverse mortgages throughout the 50 states, reverse mortgage servicers face an uphill battle maintaining an accurate and up-to-date tax collector profile. There are more than 22,000 various tax collectors nationwide, all with different addresses, profiles, collection times, and of course, their own local identity. A professional tax service removes that hassle by maintaining and updating a taxer law profile on every collector nationwide on a daily basis. Creating this collector profile is an integrated process within the tax service business model and is a tremendous benefit to the servicer. It’s a win-win for all.