RESPA Roundup-4506-T (Tax Transcript fees)

Compliance > Regulation X - RESPA > RESPA Roundups
 
 
4506-T (Tax Transcript fees) The fee for obtaining a tax transcript using IRS Form 4506-T, “Request for Transcript of Tax Return” is an administrative charge that is part of processing and underwriting that should be disclosed as part of Block 1, “Our Origination Charge,” on the GFE regardless of whether the charge is paid to a third party or directly to the IRS.

This can be found in RESPA Roundup, April 2011, which can be found at:
http://portal.hud.gov/hudportal/documents/huddoc?id=RESPARoundup-April2011.pdf

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