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Another Defunct Mortgage Company Dumps Files

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According to a report appearing on the website of WTOL in Toledo, Ohio, on Oct 30th, files dating back to the year 2000 were discovered tossed out behind a local grocery store. This is just another case of what seems to be an epidemic of privacy violations by defunct mortgage companies. This trend has reached such noticeable proportions that the Wall Street Journal recently published an article commenting on the trend. (click here to read NAIDDirect summary or link to the WSJ article.)

The report says that the owner of the mortgage company disavowed any knowledge of how the records ended up in the trash. The Better Business Bureau took the records away, saying that they would have them properly destroyed.

Click here to read the entire article.