Compliance Focus

Drivers’ Licenses and Undocumented Workers

immigration identification

With the added impetus on I-9 worksite enforcement over the past several years, employers have been held increasingly accountable for fulfilling their responsibilities with regard to the Form I-9. Now it seems that ICE has added to those responsibilities as they pertain to state drivers’ licenses…more specifically to those states that allow undocumented residents to [Read More...]

Webinar: Best Practices for QM/ATR Compliance

Mortgage Keys

Increasing home prices and values are increasing the demand for home equity lending. The recent changes to Qualified Mortgage/Ability to Repay (QM/ATR) have established new underwriting standards, impacting how lenders evaluate and qualify prospective borrowers. Join us for a free webinar where a team of experts, including a senior manager of regulation and compliance at Equifax, [Read More...]

Employers: Do you REALLY have all your bases covered for the ACA? Here are the top 10 things you must consider before it’s too late.

ACA Questions

By now, you should have your processes and systems in place to manage the Affordable Care Act (ACA). However, this doesn’t mean that you have all your bases covered. There are many things that your organization may not be considering… and even the slightest oversight can translate into significant fines and risks. To ensure compliance [Read More...]

Senate Finance Passes Tax Extender Bill – WOTC Included

legislation senate gavel

As expected and hoped, the Senate Finance Committee passed a version of a tax extenders bill that includes a two year extension of WOTC (through the end of 2015), as well as the Indian Employment Credit and the Federal Empowerment Zone credit.  In addition, based on the earlier “Long-Term Unemployed Hiring Incentive Act” (H.R. 3726) [Read More...]

2014 Farm Bill Requires New Report to Prove SNAP Benefits Not Paid to the Deceased

Agricultural Bill

A provision of the 2014 Farm Bill requires agencies to submit a report to the USDA to prove they haven’t issued benefits to the deceased. Section 4032 of the Agricultural Act of 2014, “Annual State report on verification of SNAP participation,” says that agencies must submit a report to the Secretary of Agriculture …containing sufficient [Read More...]

FCRA Compliance for Social Service Agencies

Compliance Board

If you’re still mailing verification requests, even for employers who are part of The Work Number®, soon you’ll have a much better way to serve your clients and your agency more securely. In the near future, all agencies will be required to authenticate themselves on our website in addition to selecting a permissible purpose. These [Read More...]

FHA Expands Acceptance of eSignatures

FHA eSignature

The Federal Housing Administration (FHA) recently expanded its acceptance of electronic signatures (eSignatures) on documents associated with mortgage loans.  The new policy allows for eSignatures on origination, servicing and loss mitigation documents, as well as FHA insurance claims, REO sales contracts and related addenda.  eSignatures are still not allowed on the mortgage note itself, but [Read More...]

WEBINAR: ACA Look-Back Periods & Reporting for Employers

Health Care Reform ACA

The final ACA regulations are here. Are you prepared? For most large employers, the final ACA regulations provide more clarity around determining eligibility for different types of employees such as variable-hour, temporary, part-time, and seasonal workers. It also provides guidelines around IRS reporting under sections 6055 and 6056. While more guidance has been issued around [Read More...]

FHA Guidance on eSignatures a Close Match to Industry Practices

200120080-001

The Federal Housing Administration (FHA) now accepts electronic signatures (eSignatures) on many more loan documents based on a set of guidelines that closely track industry-standard best practices.  Effective immediately, the Federal Housing Agency (FHA) will accept eSignatures on servicing and loss mitigation documents, as well as IRS Form 4506-T, FHA insurance claims, REO sales contracts [Read More...]

Just announced! Equifax and Whole Foods Market will speak on the ACA at the 2014 HR Tech Conference

Conference Presentation

Early details of the 2014 HR Technology Conference were released this week and Equifax is honored to be featured as one of the premier speakers for the October event. We’ll join client Whole Foods Market to share how they are leveraging technology to manage the Affordable Care Act (ACA) and avoid compliance risks. We’ll also [Read More...]