Verifying a borrower’s income with the help of IRS tax return transcripts sounds simple, but unfortunately, the reality is often far more complicated. It’s not uncommon for lenders looking to verify a borrower’s tax returns with the IRS to receive a “no record found” notice. Learn more about the common pitfalls that can stop a loan in its tracks.

With today’s economic uncertainty, lenders seeking to protect their institutions from bad loans turn down small business credit applications at a higher rate than consumer applications. What’s the answer for small business lenders? Read more to find out.

If you’ve ever embarked on completing the IRS Form 4506-C with a borrower, you’ve probably found yourself wishing there was a faster way to receive tax return transcripts and tax compliance data. We’re here with good news! 

As the U.S. economy prepares to enter the 10th year of the current economic expansion, memories of the Great Recession are fading. Buoyed by stable interest rates, small and medium-sized …

In our previous post, “The Art and Science of Sniffing out Fraud”, we discussed the distinction between those business loan applicants that are committing large-scale, criminal fraud and those that …