Lighthouse List Company will help you target homeowners who have mortgages with a shortage in their escrow account. According to the Mortgage Bankers Association of America, 75% of all mortgage loans have an escrow account.
An escrow account is a special account set up by your lender that holds a percentage of your monthly payment and places it aside to pay your property insurance, mortgage insurance (PMI), real estate property taxes, and other fees payable monthly. With the growing number of home bankruptcies, this is becoming a dynamic database that enables marketers to target a new database of pre-foreclosure, late pay and delinquent mortgage holders.
Marketers can select by year, 30, 60 and 90 days late as well.
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Loan Modification Companies/
Debt Settlement/
Bankruptcy Attorneys/
Real Estate Companies/
Mortgage Brokers/
Direct Mailings/Telemarketing