10/08/2025
🏡 IRS Shutdown Could Cause Mortgage Delays
The IRS has furloughed 34,000 employees, pausing many operations and slowing key services like income verification (IVES) and Form 4506-C transcript processing.
These interruptions may cause delays in loan approvals and extended closing timelines for some homebuyers and lenders.
At Geneva Financial, we’re closely monitoring the situation and are here to help clients navigate potential delays and keep their homebuying goals on track.
👉 To read more, click here: https://www.mpamag.com/us/news/general/irs-shuts-down-threatening-delays-for-mortgage-lenders-and-borrowers/552405?hsmemberId=191083&tu=&utm_campaign=&utm_medium=20251008&_hsmi=384351227&utm_content=&utm_source=
Tax man stops 'most operations' – furloughs tens of thousands