{"id":1070,"date":"2013-10-09T19:57:13","date_gmt":"2013-10-09T19:57:13","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1070"},"modified":"2013-10-09T19:57:50","modified_gmt":"2013-10-09T19:57:50","slug":"govt-shutdown-for-buyers-sellers-part-4","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2013\/10\/09\/govt-shutdown-for-buyers-sellers-part-4\/","title":{"rendered":"GOVT. SHUTDOWN for BUYERS &#038; SELLERS &#8211; part 4"},"content":{"rendered":"<p>INTERNAL REVENUE SERVICE (IRS)\u00a0 is closed &amp; has suspended the processing of all forms, including requests for tax return transcripts (Form 4506T).\u00a0 While FHA &amp; VA do not require these transcripts, they are required by many lenders for other kinds of loans, including FHA and VA, if the shutdown is prolonged.\u00a0 Some lenders are waiving this requirement but with income verification to follow, as long as the borrower has signed a Form 4506T requesting IRS tax transcripts.\u00a0 Fannie Mae &amp; Freddie Mac have also relaxed their provisions allowing for closings, but subject to tax transcript verification before the GSE&#8217;s purchase of loans.\u00a0 MORE TO COME!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INTERNAL REVENUE SERVICE (IRS)\u00a0 is closed &amp; has suspended the processing of all forms, including requests for tax return transcripts (Form 4506T).\u00a0 While FHA &amp; VA do not require these transcripts, they are required by many lenders for other kinds of loans, including FHA and VA, if the shutdown is prolonged.\u00a0 Some lenders are waiving [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1070"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1070"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1070\/revisions"}],"predecessor-version":[{"id":1071,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1070\/revisions\/1071"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1070"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}