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Form 1098-MA, Mortgage Assistance Payments Form 1099-K ...
this form to report: 1) Mortgage assistance payments made under the Emergency . 1099-K reporting, the IRS is not requiring separate reporting of such payments on . MSAs) are not taxable to the extent they are used to pay qualified medical .
http://ppc.thomsonreuters.com/ftproot/MarketingFTP/Quickfinder/Updates/QPEpage25-2.pdf

Below are some excerpts we found insightful from the Tiger Management founder:

Mortgage Foreclosures, Short Sales and 1099s | Stratton Law Firm ...
Short sales, mortgage modifications, and foreclosures all carry with them a . If you meet this qualification, the discharge of indebtedness reported on Form 1099 .
http://www.strattonlaw.com/real-estate/short-sales-and-1099s/

How to Qualify for a Conventional Mortgage | eHow.com
How to Qualify for a Conventional Mortgage. Many borrowers wonder if they will qualify for a conventional mortgage. With a good down payment of at least 5 .
http://www.ehow.com/how_6178893_qualify-conventional-mortgage.html

From W-2 to 1099 is Bad News For Mortgage Borrowers - Mortgage ...
Aug 2, 2011 . From W-2 to 1099 is Bad News For Mortgage Borrowers . the same for the two groups, employees are qualified based on their gross income, .
http://www.mtgprofessor.com/A%20-%20Qualifying/From%20W-2%20to%201099%20is%20Bad%20News%20For%20Mortgage%20Borrowers.html

united states - Can a contractor (1099) with irregular monthly income ...
I do some contract (1099) work which brings in enough money that we would qualify for a mortgage. The problem is that my paychecks are very .
http://money.stackexchange.com/questions/14932/can-a-contractor-1099-with-irregular-monthly-income-hope-to-qualify-for-a-mort

Income from both w2 and 1099 - Zillow Mortgage Advice
Sep 18, 2011 . My question to you is whether you need the 1099 income to help you qualify for the mortgage loan that you need for your purchase/refinance?
http://www.zillow.com/advice-thread/Income-from-both-w2-and-1099/416099/

Good insight from the interview with the Kynikos founder:

What Type of Income Counts Towards Obtaining a Mortgage - eHow
When a borrower applies for a mortgage, he must provide income documentation in the form of pay stubs or . Undocumented or cash income cannot be used for qualification purposes. . Income can be from a W-2 or 1099 income stream.
http://www.ehow.com/facts_5899882_type-counts-towards-obtaining-mortgage_.html

loan was turned down because 1099 - myFICO® Forums
Please help us understand why our mortgage was turned down because of W2 in 2007 and 1099 in 2008 while . Self-employment typically needs 2 years to qualify, in some situations just 1 year can be found acceptable.
http://ficoforums.myfico.com/t5/Mortgage-Loans/loan-was-turned-down-because-1099/td-p/378348

Qualifying For A Mortgage As A Freelancer - An Exercise In Patience.
Sep 2, 2008 . Turns out that most banks will not even begin to look at my 1099 . unless we wait until 2009 to get pre-qualified (after our 2008 taxes are filed).
http://www.mytwodollars.com/2008/09/02/qualifying-for-a-mortgage-as-a-freelancer/

1099 employees in Texas (loan, approved, cosigner, credit score ...
Jun 25, 2009 . 1099 employess have no problem qualifying for a mortgage as long as they claim sufficeint income AFTER . we can qualify for a mortgage.
http://www.city-data.com/forum/mortgages/686386-1099-employees-texas-loan-approved-cosigner.html

How the Self-Employed get Mortgages | Fox Small Business Center
Jun 13, 2011 . Gregg Busch, vice president of First Savings Mortgage Corp. in McLean, Va., . possible, but the net income is the number used for income qualification. . a website and client statements or copies of 1099 income statements.
http://smallbusiness.foxbusiness.com/entrepreneurs/2011/06/13/how-self-employed-get-mortgages/

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
Aug 3, 2012 . The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude . report the amount of the canceled debt to you and the IRS on a Form 1099-C, . Qualified principal residence indebtedness: This is the exception .
http://www.irs.gov/Individuals/The-Mortgage-Forgiveness-Debt-Relief-Act-and-Debt-Cancellation-

Embedded below is the full Graham & Doddsville Spring 2012 issue:

Mortgage Requirements 2012
Learn the NEW FHA mortgage requirements for 2012. . common of FHA loans is the FHA 203(b) Program and here are the minimum requirements to qualify. . 1099/Self-Employed - FHA requires last 2 years of tax returns as proof of income.
http://www.mortgage-requirements.com/

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- Charlie Rose's 1998 mortgage qualification with 1099