Independent Verifications - Income Validation & TIN (Taxpayer Identification Number)


Validate total income and TIN (SSN, EIN, ITIN) directly from the IRS with TRV® SERVICES

TRV Services (Tax Return Verification) is a comprehensive suite of reports and services that analyzes and compares borrower supplied income & TIN figures against data supplied by the IRS and SSA. It is an extremely effective independent verification tool that shows our clients whether or not applicant statements are factual. The applicant authorizes the release of this income validation data to NCS by completing the IRS form 4506-T or 4506T-EZ. Because the consumers/applicants release their information via the 4506-T to NCS, many industry segments can take advantage of TRV Services, including:

  • Mortgage
  • Automotive Lending
  • Consumer Lending
  • Employment Screening
  • Healthcare
  • State Housing Authorities
  • Investors

The highly customizable TRV Services suite consists of eight reports:

  • TRV® Report
  • TRV® Transcript Services
  • TRV® Clarity Reports
  • TRV® AGI Compare
  • TRV® TotalTIN
  • TRV® Cash Flow Analysis
  • TRV® Stated Income Report
  • TRV® Record of Account

Utilize the independent verification reports listed above or work with NCS’ product development team and create the report and analytics needed to further enhance data integrity and risk mitigation at your organization. Understand the data elements essential in determining your applicant’s capacity or ability to repay.

Features
  • NCS Proprietary QC process reduces IRS rejections by 50% over the industry average
  • "TRV® your way" - custom designed reports to include data you prefer with income and ID analytics
  • Our reports are backed by 17+ years of interface experience with governmental agencies
  • e-Signature Ready (when the IRS deploys e-Signature, NCS is fully prepared to process e-signed documents)
Benefits
  • Reduce IRS rejection fees and rework costs by as much as 50% over all comparable marketplace options
  • Allows focused decision-making on consumer segments you serve
  • Enables you to navigate government bureaucracy with ease and speed

Fact: Study sources FinCEN, LexisNexis® and many more consistently rank tax/financial statements or application fraud within the top three sources of mortgage fraud.

Use NCS’ TRV Services to protect your organization from one of the leading sources of fraud.

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