Craig B. sent this one in, discovered when doing some research on prepaid interest: "Prepaid interest is interest that you pay in advance. Prepaid interest can only occur at the closing of a loan. It ...

Citi is taking major corrective action following weeks of frustration among new Citi Strata Elite℠ Cardholders. Customers who were affected by the bank’s mishandling of 4506-C tax verification forms ...

Reporting from Washington — You might assume it’s just another boring-looking piece of the paper blitz you’re hit with when you apply for a home loan. But given IRS Form 4506-T’s new prominence in the ...

MISMO Resource offers lenders a streamlined data approach for requesting transcripts of tax returns. The Mortgage Industry Standards Maintenance Organization (MISMO), is seeking public comment on its ...