Bank account data could help lenders avoid IRS tax transcript delays

Published June 30, 2018

National Mortgage News
June 2018

In the immediate wake of the mortgage crisis, lenders would submit a 4506-T to the IRS "on every loan or substantially every loan that they underwrote, even ones that didn't close," which added to mounting expenses and reduced margins in the industry, said Nick Volpe, chief strategy officer at ACES Risk Management, LLC.

View Article Source →

View all news

Improve Productivity And Quality While Controlling Costs And Risk

Request a demo