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Home » Store » News » Lender Charged with Violation of Safeguards Rule Settles with FTC

Lender Charged with Violation of Safeguards Rule Settles with FTC

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A New Jersey mortgage company has agreed to settle Federal Trade Commission charges that it violated federal privacy laws when it failed to secure and protect sensitive consumer information and then lied about it. The settlement with Superior Mortgage Corp., for alleged violation of the FTC’s Safeguards Rule bars future deceptive claims and requires the establishment of data security policies and procedures that will be audited by independent outside auditors for the next 10…
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