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Privacy act info was far more protected at the car store I worked at than ANY of the numerous mortgage companies I've seen the inside of. The car store operated exactly how you described. The mortgage companies are a completely different story. If you did an inspection you would find of loan officers you would find:
1) Client application packages sitting on desktops, credit apps, pay stubs, w-2's copied right inside.
2) Stacks of old CBR's sitting in drawers.
3) If you could follow them home you'd also see copies of that stuff at the LO's home - for the day they decide to go to a competitor, they can recontact all previous clients.
I've seen it time and time again.
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Getting knocked down is no sin, it's not getting back up that's the sin
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