Accelerated Tax Set-Up (ATSU)

Accelerated Tax Set-Up offers an accelerated search for the required agencies, tax IDS, and last available installment amounts* with customized output that can be uploaded to your front-end or servicing system. The custom output includes your payee numbers and  applicable cycle due dates.

The minimum information needed on the inbound file is the loan number, borrower name, complete property address with zip code, and if known or available, the service type (escrow or non-escrow), and loan close date. The ATSU product outputs the loan number,  payee number(s), First American formatted tax ID(s),  due date(s), and available installment amounts. Some of the benefits that current customers are experiencing:

Origination Benefits  

• Automates real estate tax data retrieval
• Quick, guarantee turnaround
• Information could be used for the applicants' truth in lending disclosure and/or aggregate analysis
• Eliminates manual processing

Servicing Benefits  

• Automates tax line set-up process
• Speedy results
• Eliminates manual processing
• Reduces penalties
• Reduces missing bills

*Installment amounts are provided on output for escrowed loans