LPS Property Tax Solutions' automated escrow reporting and payment system ensures that all loans escrowed for taxes and servicing on behalf of our customers are paid on time and without penalty or loss of discount. This process enables lenders to virtually eliminate the amount of time spent in the manual processing of tax payments.

Our National Escrow Reporting and Payment System reduces time, lowers costs and shifts the burden of timely and accurate reporting from the lender to FIS Tax Services. The following is a summary of some of the benefits associated with this service.

• LPS Property Tax Solutions interacts with all major computer servicing platforms and supports both of the primary transaction sets currently in use for automated tax service processing.

• LPS Property Tax Solutions implements thorough quality control procedures prior to delivering payment data to the lender and tax collecting agent.

• LPS Property Tax Solutions provides assistance with the resolution of all tax payment discrepancies.