Fiserv unveils tools to help keep borrowers in their homes
Connecticut enacts two data protection billsMortgagePress.comConnecticut, Governor Jodi Rell, HB 5658, HB 5701, data protection Connecticut Gov. M. Jodi Rell signed HB 5658 and HB 5701, respectively, which both create data protection laws. HB 5658 requires persons in possession of others' personal data to safeguard the information from third parties and destroy the data before disposal. Also, it requires businesses that collect Social Security numbers to establish a privacy protection policy to: • Protect the confidentiality of the Social Security numbers, • Prohibit unlawful disclosure of Social Security numbers, and • Limit access to Social Security numbers. Willful violations of this law are punishable with fines up to $500,000. HB 5701 eliminates the requirement that Social Security numbers of parents appear on live birth and fetal death certificates. HB 5701 also prohibits state agencies from disclosing Social Security numbers in public records unless required by law. Both bills become effective on October 1. For a copy of HB 5658, click here and for a copy of HB 5701, click here.