WASHINGTON — You might assume it's just another boring-looking piece of the paper blitz you're hit with when you apply for a home loan. But given IRS Form 4506-T's new prominence in the fraud-shocked ...
MISMO Resource offers lenders a streamlined data approach for requesting transcripts of tax returns. The Mortgage Industry Standards Maintenance Organization (MISMO), is seeking public comment on its ...
If you’re a mortgage lender, you’re undoubtedly familiar with IRS Form 4506. Introduced as a fraud prevention measure, Form 4506 is required from nearly every borrower to prove that their tax returns ...
Craig B. sent this one in, discovered when doing some research on prepaid interest: "Prepaid interest is interest that you pay in advance. Prepaid interest can only occur at the closing of a loan. It ...
Starting Monday, it's going to get much riskier to fib about your income when you apply for a home mortgage. That's because the Internal Revenue Service is overhauling a key income verification tool ...
Starting Oct. 2, it’s going to get much riskier to fib about your income when you apply for a home mortgage. That’s because the Internal Revenue Service is overhauling a key income verification tool ...
If you cannot find your old tax returns and need to order a tax return transcript from the IRS, you have several options. For the really old-school methods, you can call the IRS at 800-908-9946 and ...