Quote:
Originally Posted by DateDoc
Sucky situation. I know a real estate broker that is trying to close on her own home and the mortgage company is waiting on her tax return to be processed by the IRS. Sounded odd to me but she said it was one of the new regulations.
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Mostly all companies started doing this about 3-6 months ago. I guess to many people were lying on their taxes then filing something different... who knows.
The problem is the IRS is so backed up from everyone filing for their tax credits that normally whats takes 2 weeks is now taking 4-6 weeks to process