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Home » Store » News » FTC Official Warns Lenders To Mind Borrower Privacy

FTC Official Warns Lenders To Mind Borrower Privacy

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While compliance with a growing number of state and local predatory lending laws has occupied much of the talk at industry conferences in recent months, regulators have warned that lenders need to pay attention to privacy issues as well. That message was made clear last week by Peggy Twohig, the assistant director of the Federal Trade Commission’s Division of Financial Practices, who told lenders, “in mortgage lending,
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