Cross Qualification [VIDEO]

Posted by Nathan Knottingham on August 23 2017

Ken examines cross-qualification and the consequences of flinging customer social security numbers out like Johnny Appleseed flinging seeds in a fertile meadow. Sending borrower information to other banks, lenders, or individuals can be a huge violation of privacy & the Gramm Leach Bliley Act (GLBA). So if you aren’t a fan of lawsuits, keep borrower information safely in your own hands.

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Tags: Compliance, Mortgage, Advertising, REALTORS, CFPB, RESPA, Fines, Knowledge Coop, Ken Perry

    

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