Mortgage cos. accused of consumer privacy violations Premium Content

FTC alleges cos. failed to safeguard customer names, social security numbers

Inman News®

The Federal Trade Commission has charged two mortgage companies with violating the agency's Gramm-Leach-Bliley (GLB) Safeguards Rule by not having reasonable protections for customers' sensitive personal and financial information.

The FTC filed an administrative action against Nationwide Mortgage Group Inc. (Nationwide) and its president John D.

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