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Old 06-23-2005, 08:43 AM   #1 (permalink)
San Diego Real Estate
 
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Default Do You Comply With the FACT Act?

All companies or individuals who deal with sensitive consumer information must change the way they do business under a provision of the federal Fair and Accurate Credit Transaction Act that went into effect June 1. The new rule requires real estate brokerages, mortgage lenders, landlords, and others to destroy all information taken from consumer reports before throwing it in the garbage. Read the new Blanche Evans column at REALTOR® Magazine Online to find out how to comply.

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Old 06-25-2005, 04:49 PM   #2 (permalink)
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Really?! I would be curious to see how many brokerages are actually compiling with this new law?? I don't see that much being shreaded before heading into the garbage...
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Old 06-25-2005, 05:43 PM   #3 (permalink)
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Good point LVRE...I was thinking the same thing!
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