Privacy Policy & Practices

Privacy Policy                                                                                                                    Rev 12/2015

FACTS

WHAT DOES STANDARD MORTGAGE CORPORATION DO WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and income
  • account balances and payment history
  • credit history and credit scores

When you are no longer our customer, we continue to share your information as described in this notice.

How?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons STANDARD chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does STANDARD share?

Can you limit this sharing?

For our everyday business purposes—
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

YES

NO

For our marketing purposes—
to offer our products and services to you

YES

NO

For joint marketing with other financial companies

YES

NO

For our affiliates’ everyday business purposes—
information about your transactions and experiences

YES

YES

For our affiliates’ everyday business purposes—
information about your creditworthiness

YES

YES


For our affiliates to market to you

YES

YES


For non affiliates to market to you

YES

YES

To limit
our sharing


  • Call 800.448.4190
  • Visit us online: www.stanmor.com/Privacy-Policy

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.

Questions?

Call 800.448.4190 or visit www.stanmor.com/Privacy-Policy

 

Who we are:

Who is providing this notice?

Standard Mortgage Corporation, Standard Mortgage Insurance Agency

What we do:

How does STANDARD MORTGAGE protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We authorize our employees to get your information only when they need it to do their work, and we require companies that work for us to protect your information.

How does STANDARD MORTGAGE collect my personal information?

We collect your personal information, for example, when you

  • Apply for a mortgage loan or a loan modification
  • Give us your contact information
  • We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

Federal law gives you the right to limit only

  • sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for non affiliates to market to you

 

Definitions:

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include Standard Mortgage Insurance Agency Inc., SMC Title Agency, LLC, and Brightline Reinsurance Ltd.

Non affiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Nonaffiliates we share with can include financial advisors or insurance companies.

Joint marketing

A formal agreement between non affiliated financial companies that together market financial products or services to you.

  • Our joint marketing partners include categories of companies such as insurance companies and financial advisors.