Posted To: Pipeline Press

Are you sure that the underwriter or processor working from home isn’t working simultaneously, on a different laptop, for another company besides yours? My guess is that it would be exhausting, unethcial, and would never happen. Except an owner of a small mortgage bank in Wisconsin wrote to me Saturday saying they’d just fired someone for doing exactly that! And here’s a zinger, as companies continue to hire WFH (“work from home,” not WTF) employees. K&L Gates writes, “Prior to the coronavirus pandemic, many state taxing authorities asserted that a business could become subject to their states’ tax obligations by having a single employee working from within the states , even if there were no other connections between the business and those states…(read more)

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Source: Mortgage News Daily