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Home » Store » News » Lenders Seek Access to Department of Health and Human Services Database in Lieu of Income Verification by IRS

Lenders Seek Access to Department of Health and Human Services Database in Lieu of Income Verification by IRS

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Ongoing issues with the income-verification system at the Internal Revenue Service have prompted lenders to seek other options to verify the income of mortgage borrowers. In a new request to the Treasury Department, the Consumer Mortgage Coalition suggested that a database from the U.S. Department of Health and Human Services is a viable alternative to the IRS system.
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