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Daily Dashboard | FTC, mortgage broker reach $120K settlement over data exposure Related reading: Guidance for privacy pros conducting a cloud migration PIA


The U.S. Federal Trade Commission has announced it has agreed to a $120,000 settlement with California-based Mortgage Solutions FCS, over personal-data-related violations of the Fair Credit Reporting Act. The mortgage broker allegedly responded to negative customer reviews by revealing personal information belonging to those customers. The exposed information included credit histories, debt-to-income ratios, taxes, sources of income, family relationships and more.  FTC Bureau of Consumer Protection Director Andrew Smith said companies "should not disclose that information to third parties without a legitimate reason to do so, and they certainly should not post that information on the Internet to embarrass or punish consumers, as happened here.”
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