FNMA Tightens IRS 4506T Tax Transcript Requirements
In an effort to stem the tide of mortgage fraud associated with misstated income, Fannie Mae announcement 09-19 tightens the requirements regarding the use of IRS tax transcripts to verify…
In an effort to stem the tide of mortgage fraud associated with misstated income, Fannie Mae announcement 09-19 tightens the requirements regarding the use of IRS tax transcripts to verify…
In addition to the increase in the use of AVMs associated with the Home Valuation Code of Conduct (HVCC), we're seeing a trend of conforming lenders requiring the submission of an AVM…
On July 30, 2008 Congress enacted the Housing and Economic Recovery Act of 2008, which included amendments to TILA, known as the Mortgage Disclosure Improvement Act (MDIA). MDIA took effect on July…
FTC Announces Expanded Business Education Campaign on 'Red Flags' Rule To assist small businesses and other entities, the Federal Trade Commission staff will redouble its efforts to educate them about…