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#244974 - 08/17/08 07:17 PM Red Flag Rule
Area Pro Realty Member Registered: 05/24/06 Posts: 280 Loc: California	Are you prepared? As defined by the new regulations, mortgage lenders and brokers are required to develop and implement a written Identity Theft Prevention Program. Compliance for Red Flags Rule is mandatory as of November 1, 2008 _________________________ Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com and host of Real Estate Agent Radio www.RealEstateAgentRadio.com
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#245055 - 08/18/08 11:48 AM Re: Red Flag Rule [Re: Area Pro Realty]
Cave Man Member Registered: 11/16/07 Posts: 312 Loc: CA	Just to clarify for readers, I don't think this applies to real estate brokers who do not do mortgages, but let me know if I am mistaken. For those who this applies to, there are some online services that will, for a fee, generate written identity theft prevention guidelines and procedures for you to make part of your office manual.
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#245160 - 08/18/08 09:43 PM Re: Red Flag Rule [Re: Cave Man]
Area Pro Realty Member Registered: 05/24/06 Posts: 280 Loc: California	that is correct. the cheapest service i could find is $725. let me know if you see anything cheaper _________________________ Author of "How to Evaluate Real Estate Franchises" www.EvaluateREFranchise.com and host of Real Estate Agent Radio www.RealEstateAgentRadio.com
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#255628 - 10/18/08 07:34 PM Re: Red Flag Rule [Re: Area Pro Realty]
jgizzi Major Contributor Registered: 11/14/00 Posts: 1518 Loc: The big blue marble	Why not just copy and paste it from the Patiot Act? _________________________ Jim
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#255721 - 10/19/08 05:02 PM Re: Red Flag Rule [Re: jgizzi]
REODayton Major Contributor Registered: 07/27/06 Posts: 1566 Loc: Dayton Ohio	Just have them write and sign a pledge: I promise I am not stealing an identity and promise not to do so in the future. ?
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