credit-nightmare Posted May 13, 2005 Report Share Posted May 13, 2005 Wasn't sure if this was a legal or Mortgage question or a bit of both....BUT , Long story short...We applied for home refi. Had lots of problems with the company , they kept changing everything , so we finally said no deal and loan didn't go through . Then about three weeks later we get a call from a totally differnt finance company saying our loan was ready we just needed to come in and sign papers. Well I called to see who the heck it was and it turns out that Mr. Harold from the first company sent this company all our paperwork , our paystubs , our bank printouts and everything we had given him . Is that legal for one company to send out the things we gave only to that company to get a loan. I had no idea that they sent it out , and would have told them no had they asked. It just bothers me that people I didn't go to for business now have all our info and I dont have a clue who they are.So is that legal for a company to do ? and if not can I tell this new company to send me all my information ?Thanks.. Link to comment Share on other sites More sharing options...
codename_fortyseven Posted May 13, 2005 Report Share Posted May 13, 2005 He probably farmed it out to another broker with some sort of back end deal worked up so he can still earn a comission. I don't think the local mortgage banking association would be happy to know one of their members did this. You should give them a call. Link to comment Share on other sites More sharing options...
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