LERETA Signs 47 New Clients for Tax, Flood Services

Real Estate Weekly News

By a News Reporter-Staff News Editor at Real Estate Weekly News -- LERETA, the leading national real estate tax and flood service provider, has added 47 new clients during March, April, May and June. These companies include traditional mortgage lenders, community banks, credit unions and reverse mortgage lenders, among others.

"More companies are determining that they want a better way to efficiently manage their portfolios' property tax and flood services," said Richard Yonis, senior vice president and director of national sales. "Our experience in the industry along with our reputation for stellar customer service has allowed us to grow in several geographic areas across the country as well as expand into different market verticals."

LERETA offers a full suite of real estate tax services for residential and commercial loans, including automated research and certification, tax bill processing, a suite of delinquent tax services and customized tax outsourcing service programs. The company also provides real-time flood zone determination services that include life of loan flood tracking. LERETA has more than 4,000 mortgage and insurance customers around the country.

"We wanted to contract a property tax services partner that has the experience and strong agency relationships along with excellent customer service, and LERETA has all of those features," said Kaecy Baisden, SVP at Town Square Bank in Ashland, KY. "Our goal is to have all the tax bills for the properties in our portfolio paid on time without having to keep up with the different nuances for the various municipalities around the country. Working with LERETA will help us mitigate the risk of losing properties due to property tax payment issues." About LERETA Since 1986, LERETA has provided the mortgage and insurance industries the fastest, most accurate and complete access to property tax data and flood hazard status information across the U.S. LERETA is committed to giving customers extraordinary service and cost-effective property tax and flood solutions. LERETA's services are designed to increase efficiency, reduce penalties and liabilities and improve processes for mortgage originators and servicers. LERETA's dedicated teams of real estate tax and flood professionals along with LERETA's experienced management team allow the company to lead the industry in service and technology. View source version on businesswire.com: http://www.businesswire.com/news/home/20160712005253/en/