Monthly Archives: June 2012

What Borrowers Should Know about Form 4506-T

Posted on June 25, 2012 by Sandra James

The form 4506-T is an important part of the mortgage world. This form helps keep any type of mortgage fraud in check, which in turn helps balance the economy. The 4506-T enables lenders to request the IRS for a borrower’s … Continue reading →

Lender’s Guide to Form 4506-T

Posted on June 18, 2012 by Sandra James

The 4506-T is a request for tax return transcripts from the IRS. After the housing market crashed, Fannie Mae has made it mandatory for lenders to verify a borrower’s claim to income. Lender could have the applicant sign form 4506-T … Continue reading →

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How Form 4506-T Keeps Fraud in Check

Posted on June 12, 2012 by Sandra James

Lending and borrowing are the two sides of a seesaw that keeps the delicate balance in an economy. Any process that might impair this balance should be dealt with utmost care. People need to be patient and understand that certain … Continue reading →

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How to Avoid Rejections on a 4506-Transcripts Form

Posted on June 4, 2012 by Sandra James

Just like any other sector, time is important in the mortgage world too. It is as important for clients as it is for the people waiting to buy a house. Our processing time is much quicker than approaching the IRS … Continue reading →