The CFPB is collecting mortgage information (personal information and financial details) from millions of Americans. This info is being compiled in a database that can be reversed engineered by hackers seeking information for identify theft, according to an expert cited during the hearing. I joined my colleagues to pass CFPB Data Collection Security Act, out of the Financial Services Committee. If enacted, this legislation would allow consumers to opt-out of data collection by the CFPB.
Posted on: Wed, 18 Jun 2014 20:44:06 +0000
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