I have a couple of thoughts on comments made above but don't remember what was where, so I'll just add a them here.
First, as for worrying mostly about signing services. Do we know what the turnover rate is at title and other companies that ask for our info? Do we know carefully they screen their employees and if THEY have to get BGCs? Also, what kinds of security protection methods do they have in place?
My second thought had to do with the issue of security of borrower NPPI vs. our NPPI... I wasn't sure what the comments above meant, but regardless, I've always thought that in many ways, we're more at risk than the borrowers. The vast majority of signers don't go through this process very often, and only are exposed to a very few companies during that time. We, however, if we look at how many companies we deal with and consider how many signings we do in a given month, we potentially have our info circulating numerous times a month, if not daily. Yeah, I know there is repetition, but you get the point...
Everyone has their own threshold of what risk they feel they need to take or are willing to take, but it's something we should decide with our eyes open. I guess that's the reason for the question...
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