

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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