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 ...
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 ...
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 ...
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 ...
International Document Services (IDS) has added fulfillment audit services to its e-signature platform to meet Internal Revenue Service (IRS) audit requirements for all electronically signed 4506-T ...