There’s an interesting article over at Mortgage Technology that you might be interested in if you’re a lender.
Seems the Social Security Administration is going to answer your identity verification requests in less than a half an hour as opposed to the day or two that it used to take. Apparently this will start in November and it couldn’t be more timely. The Red Flag Rules kick in right about then.
You have heard of the Red Flag Rules if you’re a lender right? I know the government hasn’t done a great job of advertising it especially since the consequences are pretty severe. But I’m happy to do my part to draw some attention to it.
