Announcement 2020-031: Suspension of Tax Transcripts

Suspension of tax transcripts effective immediately.

fannie mae, freddie mac, fha, va, and usda only

Effective immediately, NewRez is temporarily suspending the requirements for obtaining tax transcripts outlined in our product profiles for Fannie Mae, Freddie Mac, FHA and VA products. Tax transcripts are still required for USDA products. If unable to obtain, Correspondents are responsible for compliance with USDA requirements supporting the omission and should refer to the USDA Handbook.

 

irs form 4506-t

IRS Form 4506-T must still be signed by the borrowers per NewRez guidelines.