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Is your Employment Or Mortgage on the line?

By Racheli | January 20, 2010

Social Media Sites Becoming Key Screening Tool in HR:  Is this Legal? My PI friend Jean Mignolet reports,

Are Mortgage Underwriters NEXT?
Careerbuilder.com reported that 1 in 5 employers (20%) is now checking various social media sites as a pre-employment screening tool. That number is up from 11% in 2006. The same survey indicated about 33% of hiring managers rejected candidates based on what they found while 24% found information that helped the manager make a decision to hire the applicant. Read the rest  (buttom of page 1)Print the report.

What does this mean for Mortgage Applicants?
If an underwriter does a search and may find information that is different or contrary to what was on your application you may get a denial, how will this all come to play i don’t know. to keep thigs on the safe side here are
5 simple suggestions:

Check this week’s Mortgage Video News ChannelArrows-up
sign up on the top right hand sideLoans-4-u-Times

 

 

 

 

 

 

 

 

 
 
 
 
 

 

 

 

 

 

 

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