Automatic payments for positive escrow balance accounts are possible with the NTS TaxQ® 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 TaxQ® 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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