WE CARE ABOUT PROTECTING YOUR PRIVACY
MLS does not disclose any non-public personal information about our customers or former customers to anyone except as permitted by law.
INFORMATION WE COLLECT ABOUT YOU
During the course of processing your application, we accumulate certain non-public personal financial information about your income, assets and credit history in order to allow us to make an informed decision about granting you credit. We collect such non-public information about you from the following sources: (i) information we receive from you on applications or other forms; (ii) information obtained when verifying the information you have provided; (iii) information about previous transactions with us; and (iv) information we receive from consumer reporting agencies.
THE LAW REGARDING DISCLOSURE OF YOUR INFORMATION
By law, lenders may disclose non-public personal information they collect to companies that perform marketing or other services on their behalf or to other financial institutions with whom they have joint marketing agreements. They may also disclose such information under certain other circumstances permitted or required by law, including in connection with a subpoena or similar legal process, a fraud investigation, recording of deeds of trust and mortgages in public records, or the sale of a mortgage to another lender.
HOW WE PROTECT YOUR INFORMATION
We maintain physical, electronic and procedural safeguards to protect your non-public personal information. Encryption technology is used when loan applications and other non-public personal information is transmitted over the Internet. We restrict access to non-public personal information to those employees who need to know that information to provide our services to you. Our employees are bound by a Code of Ethics that requires confidential treatment of all such information and are subject to disciplinary action if they fail to follow the code.
Email is an important communication channel but not considered a secure channel for transmitting confidential information. We do not transmit sensitive information using email and encourage our customers to follow the same practice.
FUTURE CHANGES TO OUR POLICY