[ale] OT: Mortgage and Privacy?

[matty91 at bellsouth.net]

On Mon, 5 Jan 2004, Preston Boyington wrote:

> apparently my mortgage has been sold to another institution (Chase Manhattan
> Mortgage Corporation).  while skimming over the paperwork i notice the
> following:
>
> (the complete privacy policy is at:
> www.chase.com/privacy)
>
> Q. Is information about me shared within the Chase family of companies?
> A. Yes
>
> (well i would assume that is a given... but then i find:)
>
> Q. Is information about me shared with service providers and financial
> companies outside of Chase?
> A. Yes.  We may share information about you with outside companies that work
> for Chase.  These may include marketing firms.  We may also share
> information about you with outside financial companies that have a joint
> marketing agreements with us.
>
> Q. Is information about me shared with non-financial companies?
> A. Yes.  But we strictly limit the information we share with companies
> making non-financial offers.
>
> (well i would guess they wouldn't want to sell my information to anyone that
> could undercut their business...)
>
> Q. Is information about me shared in any other ways?
> A. Yes.  We may also share information about you as required or premitted by
> law.
>
> neat.  somehow i have bought (or am buying?) the privledge of assisting
> someone with their marketing research.  of course the "do not call" list
> does not apply since they are directly affiliated with me.
>
> i am going to try and opt out of as much as i can, but how do others deal
> with this annoyance?

Whenever I open a new account, I state the following:

"This conversation is being recorded for legal reasons. I would like to be
removed from ALL distribution lists you currently maintain. I also don't
want any of my information shared with 3rd parties or internal affiliates.
In addition, I would like to be removed from all marketing campaigns, and
I don't want to receive blank checks from your organization. To summarize,
I would like the following to occur:

1) I do not want to receive marketing literature (including blank checks)

2) I don't want any of my information shared with third parties or
   internal affiliates

3) I don't want my information sold to any third parties or added to any
   distribution lists

4) I would like a copy of your privacy statement

Did you capture each item I listed above? When will each item be
completed, with dates?"

This has worked pretty well so far :)

- Ryan

>
> preston
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