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Income & ID Verification thru
the IRS & SSA |
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Protection from fraudulent
individuals & companies |
| TRV
Services are provided through a
system of various reports,
interfaces & programs that
provide the verification of complete income
using income tax data validated
through the IRS, and positive ID
validated thru the Social Security
Administration. The entire
process is delivered in a fraction of
the time it would take others to go through
these governmental agencies
directly. Various TRV
products offer different levels
of information in convenient
formats and secure delivery
options including XML. An
example product,
"Amplified-TRV™"
includes the use of "TRV-CashFlowAnalysis™"
which
displays IRS validated data in
a familiar format and
allows for easy editing and
audit. |
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Easy to Use, Secure & Fast |
| TRV
ordering and delivery processes
are designed to be very user
friendly as well as secure
(128bit SSL secured) and
functional. TRV
Systems navigate IRS resources
to ensure TRV's
reputation as the fastest IRS
resource available.
Services include e-mail
confirmation of the order and
report completion with links to
TRV status and completed
reports. TRV secure
section includes various forms
customized for the end-user as
well as helpful information to
enhance the user experience. |
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Consumer Convenience |
| Most business
partners will accept TRV
Services in lieu of requesting a
copy of the tax return from the
borrower. This advantage
is well appreciated by borrowers
who are often frustrated with
the need to locate 2-4 years of
tax returns...or are simply
unable to locate the documents.
Can be a great competitive
advantage, and processors will
appreciate this feature as well. |
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TRV®
is protection from Fraud |
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Mortgage Broker/Banker/Lender |
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Housing
Authorities |
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Entities With Permissible Purpose |
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The Fraud Risk
is Real
Even as the level of mortgage
originations settle, mortgage fraud
continues to rise. Case in
point...lenders in California have
noticed with home values steadily
increasing, multiple families are
pooling their income together, and using
the name of the family with the best
credit history & highest score to obtain
a mortgage; and while their intent is to
provide a stable place to live, they are
defrauding the financial institution,
and risking going into early payment
default (EPD).
Source:
MARI's "Seventh Periodic Mortgage Fraud
Case Report to Mortgage Bankers
Association" |
Get True Income
& ID
Is the applicant that's applying
for income assisted housing meeting the
income requirements for those programs?
Or, If the housing authority is asking
for a copy of the tax return directly
from the applicant, what prevents the
applicant from supplying fraudulent
income figures for approval?
Retrieving tax information would remedy
these problems, and others, such as
certifying whether an applicant is truly
eligible for a first-time home owners
program.
Contact NCS for further uses of IRS
& SSA information.
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Verify The
Information You Have
Hospitals who need to verify
whether a patient is eligible for
financial assistance, lawyers who need
copies of their client's tax transcripts to
comply with the new bankruptcy laws, and
numerous other situations would greatly
benefit from TRV Services.
Contact NCS,
or one of our 150 plus TRV
Alliance Partners on ways we can be of
service to you.
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