The updated GLBA Safeguards Rule is in effect! New data security requirements for all lenders!

The FTC started enforcing the updated GLBA Safeguards Rule on June 9, 2023. This means that mortgage lenders of all sizes now have to take specific steps to protect their borrowers' data and documents. I go over the new requirements and what lenders need to do in order to stay in compliance. You can read what advice the FTC gives for complying with the updated GLBA Safeguards Rule here: (https://www.ftc.gov/business-guidance/reso...) LendSafe helps you implement and maintain an information security program that effectively protects you and your borrowers' data. Schedule a free consultation at https://www.calendly.com/lendsafe #mortgagebroker #mortgagelender #mortgage #mortgages