Wipro Gallagher Solutions (WGS), a part of a Wipro, has entered into a partnership with Veri-Tax LLC, a leading national verification specialist, to streamline verification solutions. The partnership between WGS, the provider of the NetOxygen Loan Origination System (LOS) and Veri-Tax LLC will help lenders mitigate identity fraud, accelerate processing, and improve the customer's experience seamlessly and electronically.
By integrating with Veri-Tax solutions, NetOxygen users can accelerate 4506T (Request for Transcript of Tax Return) turnaround time by enabling and automating secure form processing with the Internal Revenue Service (IRS). The interface also accesses and verifies a borrower's Social Security Number (SSN), mitigating fraud risk. Using Veri-Tax, NetOxygen users may also order unbiased third party Verification of Employment (VoE) at the click of a button, eliminating the need for the lender to manually contact the employer.
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