Comments on: FHA Takes Action Against 4 Lenders http://reversemortgagedaily.com/2010/01/26/fha-takes-action-against-4-lenders/ Reverse Mortgage News and Information Fri, 10 Feb 2012 19:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://reversemortgagedaily.com/2010/01/26/fha-takes-action-against-4-lenders/comment-page-1/#comment-38300 Anonymous Tue, 26 Jan 2010 19:28:00 +0000 http://reversemortgagedaily.com/2010/01/26/fha-takes-action-against-4-lenders/#comment-38300 It will be helpful when it is released what the actual details of the violations consisted of. Not only do we learn by our own errors but also by the errors of others.<BR><BR>In California it is rumored that some HECM lenders are still relying on the IRS position that real estate licensees can be treated as independent contractors for employment tax purposes when working for a California DRE licensed entity. So they treat all such employees as independent contractors for all purposes. This results in some real competitive disadvantages. It will be helpful when it is released what the actual details of the violations consisted of. Not only do we learn by our own errors but also by the errors of others.

In California it is rumored that some HECM lenders are still relying on the IRS position that real estate licensees can be treated as independent contractors for employment tax purposes when working for a California DRE licensed entity. So they treat all such employees as independent contractors for all purposes. This results in some real competitive disadvantages.

]]> By: The_Cynic http://reversemortgagedaily.com/2010/01/26/fha-takes-action-against-4-lenders/comment-page-1/#comment-35904 The_Cynic Tue, 26 Jan 2010 17:28:04 +0000 http://reversemortgagedaily.com/2010/01/26/fha-takes-action-against-4-lenders/#comment-35904 It will be helpful when it is released what the actual details of the violations consisted of. Not only do we learn by our own errors but also by the errors of others.<br><br>In California it is rumored that some HECM lenders are still relying on the IRS position that real estate licensees can be treated as independent contractors for employment tax purposes when working for a California DRE licensed entity. This results in some real competitive disadvantages. It will be helpful when it is released what the actual details of the violations consisted of. Not only do we learn by our own errors but also by the errors of others.

In California it is rumored that some HECM lenders are still relying on the IRS position that real estate licensees can be treated as independent contractors for employment tax purposes when working for a California DRE licensed entity. This results in some real competitive disadvantages.

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