EstatePass
Ethics & Fraudmedium18% of exam

During quality control, Noel finds a file issue involving confidentiality and GLBA Privacy Requirements. Which action is most appropriate?

Correct Answer

B) Limit sharing of nonpublic personal information

borrower information must be protected and shared only with authority. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Limit sharing of nonpublic personal information".

Answer Options
A
Use a manager exception instead of the required federal mortgage rule.
B
Limit sharing of nonpublic personal information
C
Treat the requirement as satisfied by experience rather than the rule that governs the file.
D
Apply the rule only after a regulator requests the file.

Why This Is the Correct Answer

borrower information must be protected and shared only with authority. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Limit sharing of nonpublic personal information".

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