Outsourcing is a way to enhance efficiencies, increase capacity and mitigate risk without losing control of the tax payment and delinquency process. Any or all portions of the customer's property tax processes can be outsourced to LPS' Lender Services Center. The following is a summary of the outsourcing processes that can be assumed by LPS Property Tax Solutions:

Delinquency Notification & Tracking

• Receive and store action parameters
• Identify property tax delinquencies
• Generate customized letters of delinquency and forward them to the borrower
• Field verbal and written borrower inquiries
• Track response activity and any subsequent payments
• Evaluate status and forward subsequent notifications
• Generate management reports tailored to the customer's business strategies

Tax Payment Process

• Establish escrow lines including payee codes
• Debit escrow accounts
• Process payment exceptions
• Produce payment checks
• Deliver payments to collecting agencies