This Privacy Policy explains the following:

• Protecting the confidentiality of our customer information.
• Who is covered by the Privacy Policy.
• How we gather information.
• The types of information we share, why, and with whom.
• Opting Out - how to instruct us not to share certain information about you or not to contact you.
   

Protection of the Confidentiality of Customer Information:

At NewFED Mortgage, we take our responsibility to protect the privacy and confidentiality of customer information very seriously. We maintain physical, electronic, and procedural safeguards that comply with federal standards to store and secure information about you from unauthorized access, alteration, and destruction. Our control policies, for example, authorize access to customer information only by individuals who need access to do their work.

From time to time, NewFED Mortgage will enter into agreements with other companies to provide services to us or make products and services available to you. Under these agreements, the companies may receive information about you but they must safeguard this information, and they may not use it for any other purposes.
 

Who is Covered by the Privacy Policy:

We provide our Privacy Policy to customers when the conduct business with our company. If we change our privacy policies to permit us to share additional information we have about you, as described below, or to permit disclosures to additional types of parties, you will be notified in advance. This Privacy Policy applies to consumers who are current customers and former customers.
 

How NewFED Gathers Information:

As part of providing you with financial products or services, NewFED Mortgage may obtain information about you from the following sources:

• Applications, forms, and other information that you provide to use, whether in writing, in person, by telephone, electronically, or by any other means. This information may include your name, address, employment information, income and credit references;
• Your transaction with us, our affiliates, or others. This information may include your account balances, payment history, and account usage;
• Consumer reporting agencies. This information may include account information and information about your credit worthiness;
• Public sources. This information may include real estate records, employment records, telephone numbers, etc.
   

Information NewFED Mortgage Shares:

NewFED Mortgage may disclose information we have about you as permitted by law. We are required to or we may provide information about you to third-parties without your consent, as permitted by law, such as:

• To regulatory authorities and law enforcement officials.
• To protect against or prevent actual or potential fraud, unauthorized transactions, claims or other liability.
• To report account activity to credit bureaus.
• To consumer reporting agencies.
• To respond to a subpoena or court order, judicial process or regulatory authorities.
• In connection with a proposed or actual sale, merger, or transfer of all or a portion of a business or an operating unit, etc.

In addition, NewFED Mortgage may provide information about you to our service providers to help us process your applications or service your accounts. Our service providers may include billing service providers, mail and telephone service companies, lenders, investors, title and escrow companies, appraisal companies, etc.

We may also provide information about you to our service providers to help us perform marketing services. This information provided to these service providers may include the categories of information described above, under "How We Gather Information", limited to only that which we deem appropriate for these service providers to carry out their functions.

NewFED Mortgage does not provide non-public information about you to any company whose products and services are being marketed unless you authorize us to do so. These companies are not allowed to use this information for purposes beyond your specific authorization.
 

Opting Out:

We also may share information about you within our corporate family of office(s). We may share all of the categories of information we gather about you, including identification information (such as your name and address), credit reports (such as your credit history), application information (such as your income or credit references), your account transactions and experiences with us (such as your payment history), and information from other third parties (such as your employment history).

By sharing this information, we can better understand your financial needs. We can then send you notification of new products and special promotional offers that you may not otherwise know about. For example, if you originally obtained a mortgage loan with us, we would know that you are a homeowner and may be interested in hearing how a home equity loan may be a better option than an auto loan to finance the purchase of a new car.

You may prohibit the sharing of application and third-party credit-related information within our company or any third-party company at any time. If you would like to limit disclosures of personal information about you as described in this notice, please print this page, and check the appropriate box or boxes to indicate your privacy choices.
 

Note for Joint Accounts: Your Opt-Out choices also apply for other individuals who are joint account holders. If these individuals have separate accounts, your Opt-Out will not apply to those separate accounts.