Another HELOC Headache

A column in The Philadelphia Inquirer recounts the story of a Swarthmore, Pennsylvania homeowner who suddenly had his home equity line of credit frozen by his lender after an apparent screw-up regarding the bank's request that he provide them with an IRS Form 4506T.

For the story, see A 'mess' of a paper chase.

Go here for other posts on Frozen HELOCs.

For more on IRS Form 4506T, see IRS Form 4506-T tweaked to battle loan fraud. frozen heloc