Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S

IRS Revamps 4506T for HAMP Apps

/ Print / Reprints /
| Share More
/ Text Size+
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.

Recent Articles by Jon Prior

Comments powered by Disqus