Automatic payments for positive escrow balance accounts are possible with the NTS TaxQSM System – all without human intervention. This service level includes:

  • 24-hour turnaround

  • Online and e-mail notification of tax information

  • Choose to download data into your servicing system for checks on escrow balances

  • Automatic notification on any shortage in escrow accounts that requires review

  • Check writing

  • Online management of batched approvals and payments

  • Monthly balance report

  • Management and imaging of all cancelled checks

In addition, complete receipt management ensures that all receipts issued by taxing entities are scanned into the NTS TaxQSM System and linked to the appropriate account. When NTS is processing payments, the tax bill and cancelled check are available in lieu of receipt review.

 

 

 

 

 

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