National Credit-reporting System, Inc. (NCS) is a full-service consumer reporting agency specializing in income, identity, and credit intelligence. NCS offers a unified verification and risk mitigation offering aimed at today's mortgage industry leaders. The company's customer base includes mortgage and real estate professionals, consumer lending institutions, and general benefit providers such as hospitals, lawyers, housing authorities, and employers. NCS's key products and services encompass independent verification, including 4506-T verification, income verification, TRV® Services, verification of employment, and Social Security number verification via the SSA/CBSV service. The company also offers flood hazard certifications, valuation/equity courthouse services, and credit reporting, among others. Notably, NCS was the first organization to offer IRS and SSA income and TIN verification nationwide in 1994 and formed the TRV Alliance Partner network in 1996, which includes companies such as First American Credco, Kroll Factual Data, and CBCInnovis. In 2008, NCS' TRV® Services product line experienced a 300% increase in volume within three months, and in 2011, the company participated in Proof of Concept trials for the IRS' e-Transcript initiative. Founded in 1978, NCS operates within the design, financial services, and information technology industries. While no specific headquarters or recent investment information are available, NCS has established strong credibility and a track record of innovation in the verification and credit reporting space, making it an intriguing potential opportunity for investors seeking exposure to the mortgage industry's evolving needs.
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