On your monthly statement, you’ll see what you owe and how much is going to principal, interest, escrow (taxes & insurance), and anything else. Other key information on your monthly statement includes year-to-date amounts and your current interest rate.

If your loan is escrowed, we’ll pay the taxes around 10 business days prior to the date penalty and interest amounts will begin to accrue. We’ll let you know when that happens.

Your statement will be available online around the middle of January, leaving you plenty of time to reference it for filing your taxes. If you are not signed up for Paperless, your statement will be mailed to you by January 31st.

Many taxing authorities allow grace periods for payments. Grace periods are stretches of time after a due date, but before the delinquency date, when you can still get your payment in without penalty. The delinquency date is the last date that taxes can be paid before there is ...

Issues with Your Property Taxes. How to notify Mr. Cooper of property tax issues

There are 2 common types of exemption: Partial Exemption means you qualify to have a reduction in the taxable value of the property, thus lowering the overall tax amount. A customer with an assessed home value of $200,000 may have a 25% tax exemption meaning there will be a $50,000...

If your property is in Wisconsin, you have the option to have us pay your property taxes directly to the taxing authority or to have us send a check to you to pay the taxing authority directly. IMPORTANT: You must notify us by November 30th if you want to change your tax payment op...

Issues with Your Property Taxes If you have an escrow account and you receive a delinquent tax bill, let us know right away so we can sort out what happened. You can contact us or you can send us the bill.

Find out the differences between Form 1098 and Form 1099, and when you may need them for your taxes. Learn how to access your online or mailed year - end tax statements for your mortgage interest and expenses.

At Mr. Cooper we run an escrow analysis at least once a year around the same time, depending on the state where your property is located. Your escrow account balance, monthly payment amount, and minimum required balance. The recent tax and insurance payments —or disbursements—we’ve m...