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HVCC 18 Month Moratorium Bill Announced

HVCC 18 Month Moratorium Bill Announced

  • Posted by Thomas Conwell
  • On July 2, 2009
  • 0 Comments
  • home valuation code of conduct, hvcc
House Introduces HVCC Legislation On Friday, June 26, Representatives Childers (D-MS) and Miller (R-CA) introduced H.R. 3044, a bill calling for an 18 month moratorium on the HVCC. NAMB President Marc Savitt, CRMS called the legislation a “victory for consumers and members of the industry alike. To view NAMB’s press release, click here. For a […]
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FACTA Red Flag Deadline Looms

  • Posted by Thomas Conwell
  • On July 1, 2009
  • 0 Comments
  • compliance, easyredflag, facta, mortgage red flag, red flag
Red Flag requirements take effect August 1, 2009 requiring more than 2,000,000 entities – virtually all types of lender including banks, credit unions, mortgage brokers and lenders, auto/motorcycle dealers, utility companies and cell phone providers take significant steps to detect and prevent identity theft.  Credit Technologies provides a simple, free way for mortgage professionals to learn how to […]
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IRS 4506T Volume Increases

  • Posted by Thomas Conwell
  • On July 1, 2009
  • 0 Comments
  • 4506, IRS, TAX
Due to unprecedented increases in 4506 volume, typical IRS Service Center turn-around times are increasing – and are now approaching 2 business days. This increase in volume is likely a result of more lenders requiring tax and W-2 transcripts be executed on every file. In an effort to provide the fastest turn times under these […]
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Credit Technologies now on Twitter

  • Posted by Thomas Conwell
  • On June 30, 2009
  • 0 Comments
  • credit tech, credit technologies, twitter
In an effort to get important communications in the hands of our clients faster, we have begun using Twitter as a communication forum. In addition to our existing communication channels, we’ll transmit time sensitive data via twitter including product or service updates, technology issues including any service outages, compliance and regulatory updates and any issues […]
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