Mortgage Software Solutions Blog

Businesses that deal with finances and credit face specific social networking safety concerns that many other businesses do not. From threats to family members in hostage situations to the potential for irrevocable public relations harm, mortgage businesses must consider carefully how to address the security issues that may arise from employee social media use.

The North State Building Industry Association (BIA) is hosting a home tour.  This home tour brings together some of Sacramento's best home builders to give a fun and interactive tour of model homes in the region. The Sacramento Tri-County area is considered to be in a industry shortage, however there is currently 130 developments, building a total of 11,000 units.  These should be finished by the end of 2016 and are not featured on Metro List.

Hackers are more persistent now than ever before, and they’ll stop at nothing to get at your sensitive data. International hackers are now specifically targeting mortgage companies because of the wealth of personal information contained in their systems. Mortgage businesses are among the largest security targets, due to the fact that they deal with the largest amount of personal information that can be used for identity theft.

More and more, financial institutions are being forced to grapple with security issues, concerning the advanced technologies their employees and vendors are using in day-to-day business. While some are embracing SaaS cloud computing for a more centralized and secure way of lending, others are apprehensive about embracing the transition.

Mortgage companies gather loads of personal data from applicants and customers, making the security measures they put in place of the utmost importance. Traditional IT systems provide little (if any) protection from security breaches, theft or loss of hardware, or unexpected disasters. As a result, mortgage firms need to find solutions that will keep both their and their clients’ information safe.

As a lender, are you protecting the privacy and personal information of the borrowers you serve? Data security is a vital responsibility that you take on when you accept personal information from your clients.