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Tax Services.
VMA's Tax Services' proprietary
online tax processing system is extremely flexible, enabling
lenders to place new orders via the Internet, Electronic Data
Interchange (EDI), magnetic tape, cartridge, disk or other
automated means. Active orders can also be updated, cancelled
and reinstated using any of these order methods. VMA's Tax
Services' system operates in a real-time environment and may
be accessed 24 hours a day, 7 days a week. Designed for
maximum flexibility and performance, the system facilitates
network access through a variety of connectivity options. The
system also provides online help on every screen. Some of the
features of VMA's Tax Services' include:
- Property Tax Direct™
System: Enables users
to instantaneously obtain
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accurate tax data at the point
of loan origination to ensure correct
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Escrow-Months-To-Collect and
monthly payment amounts.
- Loan/Contract System:
Enables users to add, view, maintain and cancel
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tax service requests.
- Property Tax Information
System: Provides
online access to tax collecting agencies throughout the U.S.
- Delinquency Tracking
System: Advanced
automation sets delinquency
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reporting parameters, monitors
payments, records activities, generates
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notification letters, tracks
delinquency performance and statistically
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summarizes all delinquency data.
- Agency Information
System: Pertinent
data for over 23,000 tax collecting
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entities nationwide.
- Statistical Analysis
System: Scans loan
portfolios for the number of loans
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under service, geographical
coverage areas and summarizes escrowed
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vs. non-escrowed loans by state.
- Customer Service System:
Tracks service requests and VMA's Tax Services' subsequent
responses.
- History Trail:
Reflects all contract activity, revisions, updates and tax
reporting information.
- 4506-T IRS Tax
Verifications (New!):
Verify your borrower's tax returns online with a turnaround
time of 1 day or less. Completely online with no setup
fees or minimum monthly orders.
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