CFPB Walks Data Privacy Tightrope On Mortgage Disclosures

By Erin Illman and Nathan Viebrock (October 25, 2017, 12:52 PM EDT) -- In the wake of the Equifax data breach, consumers, companies and regulators alike are cognizant of the potential exposure of personal information, and many companies are looking at ways to decrease the risk of unauthorized disclosure of personal data. It has become imperative that companies review their incoming and outgoing data processes, the type of data stored, maintained, and utilized in day-to-day operations, as well as the processes and controls in place to ensure that data is protected in the most reasonable and cost-effective manner....

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