As mentioned in an earlier blog, Paperless Mortgages, the IRS has finally made a decision to start using electronic signatures on its form 4506-T. Many organizations have been using e-signatures for quite some time now; the IRS and FHA were among the few who were
In the wake of the rampage created by Hurricane Sandy, Freddie Mac has offered to help homeowners whose homes have been damaged or destroyed. The government-controlled mortgage finance giants Freddie Mac and Fannie Mae form the backbone of the mortgage industry. They buy home loans from banks and other lenders,
At 4506-Transcripts.com, my team is constantly looking for solutions to simplify 4506 form retrieval process from IRS. It makes a big difference between closing or loosing a home mortgage or a bank loan if stuck in this cycle. We focus on getting accurate information on
With Halloween around the corner and leaves turning red, it’s time for autumn cleaning. It is also a good time to start with tax planning and being ready to pay the yearly dues in March. Before you start calculating what you owe for this year,
Isn’t 4506-T used by lenders to obtain tax return transcripts, you may ask. Well, yes, but it also has a role in the home rental market where 4506-T is used by the landlords before choosing a tenant: income and employment verification. It is crucial to verify a
We recently did a blog on income based student loans and how the IRS form 4506-T can be used in the context. This got us intrigued and we set out to find more data on the trends related to student loans. In the process we found some
If you own a student loan, and are paying more than you earn, an income-based repayment (IBR) program is your solution. Federal student loan borrowers who are facing financial troubles may be eligible for the IBR program; which helps eligible candidates to limit their payments
Mortgage rates have been hitting record lows for the past few months, but that has not increased the rate of home sales around the nation. Why is that? There are many factors that are obstructing home sales, including bad credit, low income, and the tougher
In times when ‘For Sale’ boards and foreclosed homes are rampant, one often thinks of the expression ‘one rotten apple spoils the whole barrel’. Is it really true in the case of housing market? Well, according to a study conducted by economists from MIT and