Probably a simple question but I'm new to this area...

Have a customer who is a couple years delinquent on their real estate taxes and our bank holds the mortgage. The taxes have already been reassigned through a tax sale.

We are interested in simply advancing the amount and adding to the current loan balance based on the provision in our mortgage that we are protecting our mortgaged interest in the property. Loan is not secondary market and we are in Illinois.

What issues does this present, and disclosure requirements? RESPA issues?

Thanks in advance