IDS President Advises Lenders to Adopt Model Privacy Form Prior to Year’s End to Retain Safe Harbor under Gramm-Leach-Bliley
SALT LAKE CITY, Utah (SEND2PRESS NEWSWIRE) — Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, says lenders who have not adopted the Model Privacy Form are exposing themselves to unnecessary risk. Lenders are not required to adopt the Model Form and may, in fact, develop their own form to use.