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4506t: "Warning Will Robinson, Warning" - New 4506t Issue concerning Calyx Point! - 05/15/09 11:13 AM
WARNING for All Calyx Point Users!
 
Just 3 days ago, I had the new rules with the 4506T Request for Tax Transcripts affect my ability to close a loan as well as be efficient!  I am upset about it too!  I was on the phone with Calyx Point for about an HOUR trying to fix it, and right this minute it STILL is not fixed!
I DID NOT LISTEN TO MY OWN ADVICE!!! Arghhh 
Now, I am not upset at Wells Fargo...In fact, I am one of the few probably that LOVES working with Wells Fargo.  HOWEVER the issue on … (6 comments)

4506t: New ALERT from the IRS regarding the 4506T request for Tax Transcripts! - 05/01/09 04:57 PM
 Attention!  Mortgage Lenders, Realtors, & Consumers!  ONE MORE THING that COULD slow the loan process down!  Be afraid, be very afraid!
 What is a 4506T form you ask?  It has been around for YEARS, but thanks to the Countrywide Fast & Easy Loans, Stated Income Loans, No Documentation Loans, and all of this "fine mess you have gotten us in Ollie", these are now being actually executed on most every loan.
 
I just received a WARNING from of all people, my CREDIT BUREAU company regarding the IRS 4506T Request for Tax Transcripts form.
This form is used by most all … (11 comments)

 
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