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 This is the basic problem with Signing Services and TCs need
Posted by  Charles_Ca on 8/15/08 5:40pm

to realize that they are dealing with fire. The SS has no requirements for background checks, for maintaining writen procedures for compliance with GLB, Oxley Sarbanes or any other standard. Anyone including a felon can open a Signing Service and market themselves to TCs so that they can harvest BO information. Until there is a system in place to ensure that GLB is followed through the whole process (and I don't mean the NNA definition) there are glaring gaps in personal financial data security. There is NO excuse, none whatsoever, to divulge private personal information about an innocent third party and I hope that the borrower finds satisfaction against this breach of security any way they can!
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