NCS (National Credit-reporting System Inc.) and Settleware Secure Services Inc. have announced a partnership to provide NCS' income verification services to Settleware's clients and partners. Settleware customers may now upload 4506-T forms direct to NCS for verification with the IRS through a dedicated TRV Services tab within the Settleware platform.
“We are excited about Settleware’s decision to provide TRV Services to their clients,” said Curtis R. Knuth, executive vice president of NCS. "Settleware is now uniquely positioned to offer a complete loan solution through its wide range of mortgage, real estate, and escrow settlement professionals.
According to Settleware President & CEO C. Richard Triola, "NCS is now a vital part of our network of industry experts and pioneers dedicated to creating a completely digital, paperless transaction. The 4506-T is one document that had held the industry back, but with the acceptance of electronically signed 4506-Ts by the IRS, and soon by the FHA, Settleware and NCS now offer lenders, REALTORS, and their customers a loan process performed entirely online – from origination to closing."
NCS has been providing IRS Income verification products to the mortgage industry for 20 years. In 1994, the New Jersey-based company was the first IRS IVES (Income Verification Express Service) vendor to offer TRV Services nationwide. For more than a decade, Newport Beach, CA-based Settleware has been a leader in bringing electronic signing capabilities to the mortgage and real estate industries, focusing on the need to complete the entire real estate and mortgage transaction over the Internet.