Norwest Sub Signs Verification Pact

VIE LLC, a subsidiary of Norwest Mortgage, Des Moines, Iowa, has signed an agreement with the Pennsylvania Department of Labor and Industry under which the wage history files maintained by the state agency will be made available to credit-granting subscribers of the online income and employment verification system operated by VIE.This arrangement could result in a reduction in the time and costs of processing consumer credit applications, VIE officials said. Available information will include up to four years of wage data on each individual, including the names of past and current employers, and salary history. The data will be available only for those residents who are employed by a company or organization in Pennsylvania. VIE said the system will become operational in a few months.