Which Privacy See To have Citizens Of California, Colorado, CONNECTICUT, MONTANA, OREGON, Texas, UTAH, and you can VIRGINIA (“Notice”) capsules all the details contained in the Privacy policy of the Federal Financial Mortgage Agency (“Freddie Mac computer,” “we,” “you,” otherwise “our”) and you may enforce only to the people individuals who have individual confidentiality legal rights beneath the after the laws and regulations (“consumers” or “you”): the newest Ca Consumer Confidentiality Work out-of 2018, while the revised of the Ca Privacy Rights Work (to each other “CCPA”), the fresh Texas Confidentiality Operate (“CPA”), the new Connecticut Data Confidentiality Operate (“CTDPA”), the latest Montana Individual Studies Confidentiality Act (“MTCDPA”), the new Oregon Consumer Study Privacy Operate (“OCDPA”), the newest Colorado Research Confidentiality and you will Defense Work (“TDPSA”), the latest Utah Consumer Privacy Work (“UCPA”) together with Virginia Individual Analysis Shelter Work (“VCDPA”).
Definition of Personal data
We collect specific “private information” of people. Getting reason for this notice, information that is personal is actually pointers one to identifies, identifies, relates to, is fairly capable of being with the, otherwise you may relatively become linked, actually or ultimately, having a certain user otherwise house.
“Sensitive personal data” try good subcategory regarding private information. It includes information that shows a consumer’s racial otherwise ethnic supply, religion, rational otherwise physical health record or condition, sex lives or sexual direction, citizenship, otherwise immigration updates, hereditary or biometric study always identify just one, accurate geolocation analysis, and data regarding a child. Freddie Mac merely procedure delicate information that is personal regarding customers given that allowed by the state law.
What Private information We Gather
A lot of the personal guidance you to definitely Freddie Mac computer accumulates and processes is exempt out of county rules requirements. Instance, private information that we collect to the to invest in and you will securitizing residential mortgages out of financial institutions isn’t at the mercy of new liberties described within this see. The private guidance i gather and techniques perhaps not at the mercy of a keen difference is actually listed in this new table less than. As you opinion new dining table please be aware:
- Specific personal data used in you to definitely category can get convergence together with other kinds.
- We do not knowingly offer otherwise display the personal guidance away from consumers below sixteen years old.
Kinds of Offer
- from the enterprises at which i get otherwise consider to buy finance (all of our “customers”) otherwise the representatives, from our financing maintenance representatives and from your providers within the connection with the acquisition and you can securitization out of funds and also the resecuritization and you can sale of such bonds.
- from our Supplier/Servicers or other agencies one sell otherwise attempt to offer united states mortgage loans or even provides us securitize the mortgages.
- from credit agencies or any other companies which render borrowing from the bank or any other records information on someone to possess borrowing from the bank and research intentions.
- away from you after you provide it so you’re able to us (e.g., in which you contact us thru email or cell, or by the all other mode) and from the passion toward all of our webpages (eg, off articles through our site websites otherwise regarding immediately amassed webpages usage facts).
- off borrowers and you will mortgage candidates.
- off third parties out of who we become goods and services.
Exactly how we Play with Information that is personal
- To generally meet a request or satisfy the cause for that your information is given. Such, when the a mortgage broker will bring us having information that is personal in order for us to look at to order that loan, we explore you to suggestions to Cottonwood loans assess the mortgage and you may, when we buy it, so you can service it and you can securitize it.
- Regarding the situations linked to to invest in mortgages, securitizing all of them, and you will offering the new securities (the secondary ple, we have fun with personal information to test funds we are thinking about to find or promising and to monitor the latest abilities out of financing one to i own or make sure. Once the yet another analogy, we make use of this information to evaluate the value of properties collateralizing these types of finance and to expect default.