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 ...
The Internal Revenue Service said Tuesday it plans to end faxing of tax transcripts in June, as well as stop third-party mailing of tax returns and transcripts in July, in an effort to curb identity ...
Reporting from 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 ...
The IRS recommends that you keep tax records for at least three years from the date you filed your original return, and longer for special situations. You may need copies of your tax returns for tasks ...
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