| dbo:abstract
|
- American Tax Funding (ATF) is a private company based in Jupiter, Florida that engages in the purchasing and servicing of delinquent municipal real estate tax lien sales. Originally formed in 1997 as Transamerica Municipal Finance (TMF), a division of Transamerica Corporation. In August 2000 the founders completed a form of a management buyout of TMF, creating ATF. ATF currently buys and services real estate tax liens in over 14 states and has provided over $1 billion in relief to local governments. Many ATF tax liens are secured by either Wells Fargo Foot Hill or the Harris Nesbitt Corporation. The process of privatizing the municipal tax foreclosures process and outsourcing to out of state third party, for-profit, private companies has drawn criticism from housing advocates who argue that a for-profit tax foreclosure process leads to more foreclosures, displacement and vacancy. The other argument is that third party purchases of tax liens enables local governments to pay for essential services such as salaries for teachers, health care, police officers and firefighters. To date, no study has shown that the sale of tax liens to third parties leads to any increase in foreclosure activity. In fact, the sale of liens to third party purchasers often extends redemption periods and allows flexible repayment agreements for delinquent tax payers. (en)
|
| dbo:foundingYear
| |
| dbo:subsidiary
| |
| dbo:wikiPageExternalLink
| |
| dbo:wikiPageID
| |
| dbo:wikiPageLength
|
- 11368 (xsd:nonNegativeInteger)
|
| dbo:wikiPageRevisionID
| |
| dbo:wikiPageWikiLink
| |
| dbp:foundation
| |
| dbp:homepage
| |
| dbp:industry
| |
| dbp:keyPeople
|
- CEO, Matthew A. Marini; Vice President, Tadgh Macaulay (en)
|
| dbp:locationCity
| |
| dbp:locationCountry
| |
| dbp:name
|
- American Tax Funding (en)
|
| dbp:predecessor
|
- Transamerica Municipal Finance (en)
|
| dbp:products
|
- purchaser and servicer of tax liens (en)
|
| dbp:subsid
|
- Reoco, LLC, ATFH Real Property, LLC (en)
|
| dbp:type
| |
| dbp:wikiPageUsesTemplate
| |
| dcterms:subject
| |
| gold:hypernym
| |
| rdf:type
| |
| rdfs:comment
|
- American Tax Funding (ATF) is a private company based in Jupiter, Florida that engages in the purchasing and servicing of delinquent municipal real estate tax lien sales. Originally formed in 1997 as Transamerica Municipal Finance (TMF), a division of Transamerica Corporation. In August 2000 the founders completed a form of a management buyout of TMF, creating ATF. ATF currently buys and services real estate tax liens in over 14 states and has provided over $1 billion in relief to local governments. Many ATF tax liens are secured by either Wells Fargo Foot Hill or the Harris Nesbitt Corporation. The process of privatizing the municipal tax foreclosures process and outsourcing to out of state third party, for-profit, private companies has drawn criticism from housing advocates who argue tha (en)
|
| rdfs:label
|
- American Tax Funding (en)
|
| owl:sameAs
| |
| prov:wasDerivedFrom
| |
| foaf:homepage
| |
| foaf:isPrimaryTopicOf
| |
| foaf:name
|
- American Tax Funding (en)
|
| is dbo:wikiPageRedirects
of | |
| is dbo:wikiPageWikiLink
of | |
| is foaf:primaryTopic
of | |
