Fema Employment
Does anyone know where the law is for a verification of employment?
is there a texas state or federal law stating that the employer is not allowed to give out an employers salary even with borrowers authorization to qualify for a home mortgage loan, more or less, an FHA loan? if there is please give me a link. or if there as anything regarding them having to with permission.
Public Comments
- there is no law either state or federal, if they have a signed authorization they are free to give it to whomever has the authorization, if it was done without your permission there is little you can do unless it caused serious financial harm
- An employer is allowed to verify salary, not give it out. If the lender says something along the lines of, "Ms. Smith says that her salary is $X per year, can you verify that?" most employers will say yes or no. However, if the lender says, "How much does Ms. Smith earn per year?" the employer will not give out that information.
