On April 16, a notice by the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB), was posted that looks to expand the National Mortgage Database Program that will include information that would identify individual mortgagees.

This proposal would include the borrowers and co borrowers name, address, zip code, telephone numbers, date of birth, race/ethnicity, gender, language, religion, social security number, education records, military status/records, and employment status/records.

The collection is gained by sending out surveys to homeowners asking them to tell about their recent mortgage purchase experience. The full survey information is later open to policy makers, researchers, and regulators. In short to anyone who requests access to this information.

I am not sure if I am the only one who’s hair is standing up in the back of my neck. I read that several legislators are very concerned and troubled about this newest proposal. Contact your legislator to find out what they think about this newest proposal from FHFA and CFPB. Here is a link where you can find your legislators information. Find your Legisltor