What is the Gramm-Leach Bliley Financial Services Modernization Act (GLBA)?
(GLBA) was enacted by Congress to protect consumers’ sensitive private information. To comply with this law and the Interagency Guidelines that have been set, the mortgage industry has begun to require background screening for all persons (including Notary Signing Agents) involved in the lending process who have access to borrowers’ private financial information.
