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IRS clerks allowed to work during shutdown

January 14, 2019 By Geoffrey Disch Leave a Comment

Green Escrow Legal

After an intense lobbying effort my the mortgage industry 400 furloughed IRS clerks will be allowed to work – and get paid – during the current partial federal government shutdown. These clerks help potential home buyers verify their incomes. Without their work, the $1.3 trillion mortgage industry would be at a standstill.

Many questioned the government’s decision to allow the clerks to work, arguing that while their jobs are important, they are not essential as outlined by the law. It was seen as a favor to a powerful industry.

Government officials responded by saying it was done as a service to consumers trying to buy a home and not as a favor to the mortgage industry.

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Filed Under: Industry News Tagged With: government shutdown

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“I’ve been in this industry for over 20 years. I have seen both fantastic and just “ok” escrow officers. The Escrow Officer and her team are typically the last stop for a borrower during the purchase or refinance transaction. You want that person and team to be personable, professional and helpful to your client. Kathy and her team at Green Escrow has surpassed my expectations. The team has gone the extra mile to ensure my file closed on time and without incident. I’m looking forward to continued success with Green Escrow.””
by Adina Erridge, Bay Equities Home Loans

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San Ramon, CA 94583
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