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Twenty key data security areas your title company needs to address before lenders ask
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Tuesday, September 24, 2013
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If it’s true that your ears burn when someone is talking about ― or watching you ― then the ears of title insurance agents should be on fire now because mortgage lenders are focusing intently on the policies and procedures you have in place to protect the consumer data you collect. That scrutiny results from provisions in the Dodd-Frank financial reform legislation authorizing the Consumer Financial Protection Bureau (CFPB) to enforce most consumer protection requirements applicable to financial institutions, including those related to the confidentiality and security of consumer information.
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