Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

Pamela Stahl: Mortgage Lenders Must Prioritize the Protection of Personal Financial Data

PERSON OF THE WEEK: Mortgage lenders are increasingly using technology to streamline the lending process – however, as adoption grows, security issues remain a concern.

Personal financial data are shared back and forth between mortgage lenders and consumers during the application and underwriting process – and lenders can run into trouble if they aren’t being careful. For example, personal data and documents could be at risk if they are sent through non-secure channels such

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.