DuPage County Treasurer Gwen Henry is charged with the custody and distribution of County funds. In that role, Treasurer Henry also pays the bills of the County and a number of other governmental entities.
Treasurer Henry also serves as the County Collector of Taxes. In that role, her office sends out over 320,000 real estate tax bills yearly, collects over 2 billion dollars in tax revenues and distributes that collection to over 400 taxing districts in a timely manner.
All public and private funds collected are immediately deposited in more than 50 local financial institutions and invested in certificates of deposit and securities guaranteed by the full faith and credit of the United States of America in accordance with the investment policy.
The DuPage County Treasurer is also responsible for collecting inheritance tax as well as holding an annual tax sale and acting as the disbursement agent for condemnation settlements.
Additionally, Treasurer Henry has recently instituted SeniorServe, a program designed to assist seniors in managing costs associated with their annual property tax bill.
Information for homeowners about Taylor, Bean & Whitaker
Florida-based lender Taylor, Bean & Whitaker paid the 1st installment property taxes on 1,632 parcels in DuPage County but filed for bankruptcy August 24, 2009. The second installment of DuPage County property taxes was due September 1, 2009.
If your taxes have not been paid by September 25, 2009, This office will mail you a reminder notice the following week. Illinois law requires a 1.5% monthly penalty on taxes paid after the due date. Ask your new mortgage company if it will pay the penalty. Call this office at (630)407-5900, Mon.-Fri., 8:00a.m. - 4:30p.m. to check if your taxes have been paid or go online at www.dupageco.org/treasurer, select Tax Payment Status. If they have not been paid visit the websites provided below.
Taylor, Bean & Whitaker has farmed out its loans to various lenders. Homeowners are encouraged to visit the websites listed below for additional information. Take notes, and keep all correspondence regarding your mortgage company.
" www.taylorbean.com for "Notice to Home Mortgage Customers" to learn who will be servicing Taylor, Bean & Whitaker loans.
" www.hud.gov then HUD Highlights for "Consumer guidance regarding Taylor, Bean &
Whitaker."
" newsroom.bankofamerica.com/index.php?s=43&item=8519 for the Aug. 27 press release "Bank of America Set to Begin Welcoming Former Taylor, Bean, Whitaker Customers."
" www.saxonmortgage.com/common/home/ then to "Taylor, Bean & Whitaker Customers" at the bottom of the page.
" www.freddiemac.com/ then to the Aug. 20 news release "Answers for Homeowners with Taylor, Bean & Whitaker Loans" near the bottom of the page.
" www.cenlar.com/ then to "Welcome Taylor, Bean & Whitaker Borrowers" on the left side of the page. You may also try dialing Cenlar at (800) 223-6527. Also, Cenlar encourages taxpayers to fax them their property tax bills at (609) 718-4622.
The Star-Banner of Ocala, Florida has news about Taylor, Bean & Whitaker's bankruptcy case: "The agreement is the first real sign of a thaw in the bankruptcy proceedings, offering homeowners some hope that their mortgage payments won't go unnoticed and that their real estate taxes and home insurance will be paid." Read the full story at http://www.ocala.com/article/20090917/ARTICLES/909171017/1001/NEWS01?Title=Deal-would-unfreeze-TBW-mortgage-escrow-payments.
Outline of proposed FDIC-Taylor, Bean & Whitaker agreement to unfreeze escrow accounts: http://www.tampabay.com/news/business/banking/taylor-bean-fdic-have-tentative-deal-over-frozen-escrow-accounts/1036485
This office encourages you to contact your U.S. senators, your U.S. House member, the governor, and your General Assembly members about this situation.
