W2's and 1099's for 2008 Are Now Available through Verification Bureau's 4506T Income Verification System

Verification Bureau Inc., a leader in fraud detection and information verification solutions for the financial industry, is announcing that W2 and 1099 tax information for 2008 are now available through their IRS 4506T Income Verification solution.

(PRWEB) May 21, 2009 -- Verification Bureau's 4506T income verification solution enables creditors and financial institutions to verify the applicant's income in less than 24 hours. "Creditors and financial institutions face the increasing challenge of making sure their loan applicants qualify from repayment capacity perspective. With 2008 W-2 wage and 1099 information now at their fingertips lenders can make accurate decisions in less time" said Esteban Reyes - CEO for Verification Bureau, "VB's Income Verification solution provides a reliable solution to mitigate the risk of falsified income running through their origination and loan modification pipelines" he added.

IRSRecords™ solution is very easy to use, highly powerful and capable of delivering results fast through a secure website or in data format through XML web services. The company's solution can be bundled with other products and services available through the fraudpredator.com online suite of information verification systems which include: employment, identity, collateral, and asset verification.

Creditors and financial institutions face the increasing challenge of making sure their loan applicants qualify from repayment capacity perspective. With 2008 W-2 wage and 1099 information now at their fingertips lenders can make accurate decisions in less time

VB's Income Verification solution provides a reliable solution to mitigate the risk of falsified income running through their origination and loan modification pipelines

About Verification Bureau
Founded in 2001, Verification Bureau is the leading provider of automated IRS direct income verification (through 4506T) and SSA direct Social Security Number verification systems. Over 2,500 clients and 18,000 users worldwide have screened over 1,000,000 loan files using their suite of verification services, background screening, compliance solutions, and fraud detection systems.

Verification Bureau offers a free program which lenders can test for a limited time. For more information: www.verificationbureau.com, phone 877-477-4506 Ext 201.

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