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2014 NTLA Fall Symposium
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2014 NTLA Fall Symposium

The Industry's Largest Tax Lien Symposium

 

October 23rd & 24th | Willard Intercontinental - Washington, DC

 
The National Tax Lien Association (NTLA) – the nation’s only professional trade organization for the tax lien industry – celebrated its seventeenth year with another successful Fall Symposium in Washington D.C.  The two-day symposium covered tax lien market research, foreclosure, legislative reports, the recent D.C. moratorium and other pressing issues which a professional deals with on a daily basis.

The NTLA Board of Directors and other symposium participants kicked off the event with a day of service by volunteering for Habitat for Humanity of Washington, DC homebuilding project. NTLA members raised over $8,000 for the charity and will continue to collect donations till the end of the year. To donate please visit www.thentla.com/helpthehomeless 

The event was highlighted by Jim Meeks’, CEO of MTAG Services, presentation of the legislative outreach and plan powered by LexisNexis StateNet which sifts through 150,000 new bills introduced each year to protect and preserve tax lien investor and servicer interests.  

The NTLA reported its market research and key findings as follows:  
The State of Maryland has 2,195,434 total parcels. The delinquent parcel count was 121,073 which represented $236 million in unpaid property taxes. The amount sold at tax lien auctions was $117 million from 45,033 tax lien certificates.  

The State of Mississippi has 1,629,352 total parcels. The delinquent parcel count was 110,247 which represented $110 million in unpaid property taxes. The amount sold at tax lien auctions was $108 million from 108,042 tax lien certificates.

The State of Indiana has 3,592,223 total parcels. The delinquent parcel count was 61,307 which represented $331 million in unpaid property taxes. The amount sold at tax lien auctions was $32 million from 8,313 tax lien certificates.  

The State of Nebraska has 1,046,928 total parcels. The delinquent parcel count was 30,402 which represented $41 million in unpaid property taxes.  The amount sold at tax lien auctions was $19 million from 14,598 tax lien certificates.  

Additionally, the NTLA has concluded market research in Arizona, Colorado and Florida.

“The turnout was remarkable.” said Brad Westover, Executive Director, National Tax Lien Association. “We are thrilled to see this event grow every year and with it an unprecedented amount of industry knowledge and experience.”