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DP Service LLC (DPS) provides financial
services for government loans. Its specialty is federal multifamily
loans, based on 20 years of experience with FHA's multifamily housing
business. DPS proprietary Oracle-based applications automate workflows,
maintain detailed loan and accounting records, and provide substantial
internal control features to ensure quality. We offer our customers
Billing, collections, escrow management, tax and insurance payment,
reserve investment,
legal document management, and loan
sale support
Forbearance and workout scenarios tailored to the unique circumstance
of each loan
Service of second and third positioned restructured notes
A database of more than 8000 local taxing authorities
Full compliance with the federal government's loan accounting and
standard general
ledger requirements including credit reform
reporting
Web-enabled Electronic Funds Transfer
Internet access by customers to current information.
We currently service a $2.3 billion portfolio of some 1700 notes,
manage in reserve for replacement investments, and pay property
taxes in thousands of jurisdictions across the country.
For more information about our Multi-Family Loan Servicing, please
e-mail us at
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