CFPB doubles down against marketing services agreements

CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House

IRS Revamps 4506T for HAMP Apps

In an attempt to streamline the Home Affordable Modification Program (HAMP) process, the Internal Revenue Service is making available a quick form version of the familiar 4506T form, often used for income verification. When refinancing or modifying an existing mortgage, taxpayers need copies of their tax return information. Form 4506T-EZ is used to order a Form 1040 series tax return transcript free of charge, according a release from the IRS. The new form is only for individuals who filed a Form 1040 series. Those who need transcript information from other forms must still use the Form 4506T. Exact copies of tax returns are available, but each one costs $57 and may take 60 days to process. HousingWire previously reported on the anticipated release of the 4506T-EZ form when the Treasury announced plans to launch a new short sale program. Write to Jon Prior.

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