Good reads, good deeds and good people
You know those public service announcements that end with the familiar phrase, “The more you know . . .”? That’s how we look at our “News & Events” section. This is where you will find all sorts of useful information – from industry news to thought leadership in the form of blogs and videos, to company announcements highlighting innovative services, new members of our family and more exciting news and events. All of which leave you, we hope, saying, “How about that – the more you know…”
We Are Pleased to Announce A New Efficient and Low-Cost Opportunity to Order IRS Tax Transcripts & Income Verifications
Credit Information Systems, the parent company of Accurate Financial Services, has a new business relationship with Halcyon that allows our clients to order TAX TRANSCRIPTS and IRS WAGE & INCOME VERIFICATIONS more efficiently and with fewer IRS turndowns than the current 4506C process. This will help you close loans faster for a fraction of the cost.
What does that mean for our clients?
Now that Accurate Financial Services and Credit Information Systems are Powered by Halcyon, the only authorized income verification solution with a GSE-accepted 8821 tool, our clients can get the tax data needed, how it’s needed.
• Faster Processing Times. Tax transcripts for loan origination are fulfilled 70% faster, are 100% accurate, & are offered for a fraction of the cost of traditional methods.
• Enhanced Accuracy. Leveraging modernized IRS 8821 forms and using a proprietary & direct connection with the IRS to retrieve accurate data with unparalleled precision, reduces the risk of errors and discrepancies with a less than 1% rejection rate.
• Fannie Mae’s Day 1 Certainty. Enjoy peace of mind with relief from representations & warranties on validated loan components.
• API, Web Portal or LOS/POS integration. Halcyon IRS VOI’s tech stack is API-driven providing quick and secure integrations with POS/LOS and 3rd party services, and can scale volume without limits while continuing to maintain high performance and low cost.
• Format: PDF & JSON.
• Get data mapped directly to your income calculator.
Plus, Halcyon has officially become an authorized tax transcript report supplier for Fannie Mae’s Desktop Underwriter® (DU®) Validation Service! Their integration with the DU® validation service allows us to offer seamless access to tax transcript reports, which are essential for verifying borrower information, quickly and accurately.
QUESTIONS? Schedule a Demo? Contact us TODAY – We’re Here to Help! support@accuratefs.com | 800-373-5333
THANK YOU FOR YOUR BUSINESS!
FHFA NEWS RELEASE (7/11/2024):
FHFA Announces Release of Historical VantageScore® Credit Score by the Enterprises
As your business partner, Accurate Financial Services (a subsidiary of Credit Information Systems) knows how credit reporting and lending risk mitigation solutions help YOU efficiently manage your business. And we are here to support YOU with personalized experiences, expert advice, industry updates and innovative solutions that go above & beyond your expectations.
To help YOU remain current on changes impacting your business, we wanted to share an announcement published today, July 11, 2024, from the Federal Housing Finance Agency (FHFA).
Fannie Mae and Freddie Mac (the Enterprises) are making historical VantageScore® 4.0 credit scores available to approved users to support the transition to updated credit score and credit report requirements.
This comprehensive release is associated with single-family loans purchased by the Enterprise from April 2013 through March 2023, reflecting the period for which trended consumer credit data is reliably available across the three nationwide consumer reporting agencies.
These scores will provide market participants with the ability to better analyze and understand the new credit score models that have been validated and approved for use by Enterprises. The historical credit scores are available for download at the Enterprises’ respective websites.
Click Here to link to the official News Release.
If you have any questions or need assistance, please contact your Account Manager at 800-373-5333.
THANK YOU FOR YOUR BUSINESS! We are here to support YOU as we continue to expand the breadth of products & services we offer, so YOU can better serve your customers and remain compliant.
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