Verix has Completed its SOC 2 Type 2 Audit!
We are pleased to announce that Verix has successfully completed its SOC 2 Type 2 Audit. During this audit, a leading cybersecurity and compliance third-party auditor reviewed our security compliance policies and practices and attested to our compliance with the standards.Read On
What Exactly is the Legacy 4506-T Process and How is Verix Fixing it?Read On
What are the Income Requirements to Qualify for a Conventional Mortgage?
Learn these basic income standards before you start shopping for a mortgage. Mortgage lenders look for two main things when reviewing loan applications: borrowers’ likelihood of repaying the loan (typically determined by their credit score) and their ability to do so. The latter is gauged by proof of income.Read On
Earning Income on the Side Is a Large and Growing Slice of American Life
While the size of the gig economy could depend on how you define "gig," a survey conducted by Gallup for The New York Times suggests that an increasing number of Americans get at least some of their income through self-employment. In 2017, 17% of tax filers declared such earnings, “the highest share since data became available in 1957 and up substantially from 10 percent in 1981,” the paper said. Just over half of these side hustlers also had an employer, and most rated their satisfaction higher than other groups — including those who were employed in only one job.Read On