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Mortgage lenders are bracing for big delays in the processing of mortgage applications, citing a problem with the income verification system at the Internal Revenue Service.
December 17 -
Rep. Patrick McHenry, R-N.C., plans to reintroduce legislation requiring the IRS to fast-track income verification, which proponents say could reduce the financial industry's dependence on credit bureaus.
September 28 -
The IRS will allow Fidelity National Financial to distribute its entire stake in Black Knight Financial Services to FNF Group shareholders in a tax-free transaction.
May 11