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Hurricane Irene Impacts CT Operations

Hurricane Irene Impacts CT Operations

  • Posted by Thomas Conwell
  • On August 29, 2011
  • 0 Comments
Hurricane Irene has left millions without power on the East coast including some CT operations and staff. All efforts are being taken to restore full service as quickly as possible. This includes the automatic re-routing of requests to facilities and staff located in areas not impacted by the Hurricane. We anticipate this will result in […]
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Social Security Administration to begin randomizing Social Security Numbers

  • Posted by Thomas Conwell
  • On May 27, 2011
  • 0 Comments
Effective June 25, 2011, this new method assigns SSNs randomly without regard to geography or date of issue. This change is referred to as “randomization.” The SSA is developing this new method to help protect the integrity of the SSN. SSN Randomization will also extend the longevity of the nine-digit SSN nationwide. The SSA began […]
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Government Shutdown to Impact 4506T Tax Transcripts

  • Posted by Thomas Conwell
  • On April 8, 2011
  • 0 Comments
Should the Federal Government shut down as threatened at Midnight on Friday April 8, 2011, 4506T Tax Transcript services will be immediately unavailable. The IRS IVES division (responsible for processing all tax transcript requests) is deemed non-essential workers and will be furloughed as a result of any government shutdown. The IRS requires all requests to […]
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REG Z Loan Officer Compensation Rules Impact Settlement Services

  • Posted by Thomas Conwell
  • On March 23, 2011
  • 0 Comments
The April 1 updates to 12 CFR part 226—TILA (Regulation Z) will have a profound impact on how mortgage originators operate, including how settlement services are paid. Presently, it’s common for loan originators to pay for certain settlement services, including credit reporting services. This is often done by credit card. The Federal Reserve in commentary has indicated […]
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