Tag: Rick Hill

IRS Updates Tax Transcript Request Form

The Internal Revenue Service last week announced changes to the form lenders use to request tax transcripts in its Income Verification Express Service (IVES) Program. The new Form 4506-C supersedes Form 4506-T.

| By MBA NewsLink Staff

MISMO Approves Reference Model 3.4

MISMO®, the mortgage industry’s standards organization, today announced that its widely adopted MISMO 3.4 Reference Model has been upgraded to “Recommendation” status. This status is the highest possible maturity level that can be bestowed on a MISMO standard.

| By MBA NewsLink Staff

MISMO Approves Reference Model 3.4

MISMO®, the mortgage industry’s standards organization, today announced that its widely adopted MISMO 3.4 Reference Model has been upgraded to “Recommendation” status. This status is the highest possible maturity level that can be bestowed on a MISMO standard.

| By MBA NewsLink Staff

FHLB of Des Moines, Ginnie Mae Get on the eNote Bus

Last week saw a few speed bumps leveled in the road to the complete digital mortgage, with the Federal Home Loan Bank of Des Moines and Ginnie Mae announcing they would begin accepting residential mortgage electronic promissory notes—eNotes—as collateral.

| By Mike Sorohan