Capital Line Funding Group has been serving the mortgage needs of its customers for nearly a half-century. In order to provide the highest level of service to consumers, CLFG collects certain personal information about you, as described in Section 1 below. CLFG respects your privacy. This Privacy Policy notice is designed to inform you of the types of information we may maintain and collect during the course of our relationship with you. It also explains the safeguards we have in place to protect that information and the circumstances in which we may share that information with other companies. Section 1: Information We Maintain or Collect We may maintain and collect nonpublic personal information about you as necessary to originate and/or service your loan. We also may maintain or collect information about you to provide products, services, and other opportunities that we believe may be of benefit to you. The following are examples of the types of nonpublic personal information we may maintain or collect: - Information that you provided (either directly or through your broker) in connection with your loan on applications, other forms, or verbally, such as your name, address, social security number, income, or assets and liabilities. - Information about your transactions with us, our affiliates, or other parties, such as information about your payment history, account balance, and parties to transactions. - Information we receive from consumer reporting agencies, such as your credit worthiness and credit history. Section 2: Information Sharing with Nonaffiliated Companies To provide you with efficient service and inform you of opportunities that may be of interest to you, we may share all or part of the information that we maintain or collect, as described in Section 1, with nonaffiliated companies. We may share this information with the following types of nonaffiliated companies, among others, unless you tell us not to, by signing and returning the form provided: - Financial service providers such as credit card issuers, finance companies, insurance companies, banks and mortgage companies. - Non-financial companies such as retailers, airlines and marketing companies, manufacturers and publishers. Please note that we may share nonpublic personal information about you, as described in Section 1, to companies that perform services on our behalf or to companies with which we have joint marketing agreements, even if you sign and return the form provided. Section 3: Information Sharing with Our Affiliates Under the Federal Fair Credit Reporting Act, there is certain information about you that we may not share with our affiliates if you tell us not to. This information may include, among other things: - Information we obtain from your loan application, such as your income, assets and liability information and marital status. - Information we obtain from a consumer report, such as your credit score or credit history. - Information we obtain to verify representations made by you, such as other financial obligations you may have. Information we obtain from a person or company regarding that person or company's employment, credit, or other relationship with you, such as your current employment relationship or what debts you owe. The categories of affiliated companies who may receive the above information include: - Financial service providers, such as an insurance agency. - Non-financial companies, such as companies that perform property evaluation services. Please note that even if you direct us not to share the information described in Section 3, we are permitted to share with our affiliates information about transactions or experiences between you and us. Section 4: Information Sharing with Companies That Perform Services on our Behalf Under law, we may disclose nonpublic personal information about you that we maintain or collect, as described in Section 1, to companies that perform services on our behalf or to other financial institutions with which we have joint marketing agreements. The categories of third parties providing these services may include, among others: - Financial service providers such as credit card issuers, finance companies, insurance agencies or companies, banks and mortgage companies. - Other service providers such as tax vendors, print vendors, software programmers, reconveyance companies, loan servicers, mortgage insurance providers and property evaluation companies. Section 5: Confidentiality and Security of Information We restrict access to nonpublic personal information about you to those employees who need to know that information, to those companies or individuals that provide services to us, and in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. Section 6: Former Customers Our Privacy policy for nonpublic personal information about former customers is the same as our policy for current customers. Section 7: Changes in Privacy Policy CLFG may choose to modify this policy at any time. Customers will be notified at least annually of any modifications. Section 8: Definitions References to "CLFG ", "We", "Us" or "Our" refer to Capital Line Funding Group, CLFG Finance Co. and their respective subsidiaries and affiliates. References to "you" or "your" refer to consumers who are customers, applicants or borrowers of CLFG. Section 9: Your Right to Opt-Out You may opt out and direct us not to disclose nonpublic personal information about you, except as permitted by law, to: 1. nonaffiliated third parties as described in Section 2, and 2. affiliated third parties as described in Section 3. We will consider an opt-out by any joint borrower as an opt-out by all borrowers. At this time, CLFG identifies all of its customers, applicants and borrowers as having selected to opt out and not to disclose nonpublic personal information except as provided above, without the need for any further actions on your part. |
