|Facts||WHAT DOES Universal American Mortgage Company, LLC and Universal American Mortgage Company of California, (together referred to as "UAMC") DO WITH YOUR PERSONAL INFORMATION?|
|Why?||Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.|
|What?||The types of personal information we collect and share depend on the product or service you have with us. This information can include:
|How?||All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons UAMC chooses to share; and whether you can limit this sharing.|
|Reasons we can share your personal information||Does UAMC share?||Can you limit this sharing?|
|For our everyday business purposes - Such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus||YES||NO|
|For our marketing purposes – To offer our products and services that we believe will be useful to you||YES||NO|
|For joint marketing with other financial companies||NO||NO|
|For our affiliates' everyday business purposes – Information about your transactions and experiences||YES||NO|
|For our affiliates' everyday business purposes – Information about your creditworthiness||NO||We don't share.|
|For our affiliates to market you||NO||We don't share.|
|For non-affiliates to market you||NO||We don't share.|
Who we are
Q. Who is providing this notice?
A. Universal American Mortgage Company, LLC and Universal American Mortgage Company of California, (together referred to as "UAMC").
What we do
Q. How does UAMC protect my personal information?
A. To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
Q. How does UAMC collect my personal information?
A. We collect your personal information, for example, when you:
- Open an account or apply for a loan
- Give us your contact information
- Show your government-issued ID or show your driver's license
We also collect your personal information from others, such as credit bureaus, affiliates or other companies.
Q. Why can't I limit all sharing?
A. Federal law gives you the right to limit only:
- Sharing for affiliates' everyday business purposes-information about your creditworthiness
- Affiliates from using your information to market to you
- Sharing for non-affiliates to market you
State laws and individual companies may give you additional rights to limit sharing.
Companies related by common ownership or control. They can be financial and non-financial companies. Our affiliates include companies with a common corporate identity of Universal American Mortgage Company and companies with the Lennar name; financial companies such as mortgage companies; nonfinancial companies, such as homebuilders; and others, such as title companies.
Companies not related by common ownership or control. They can be financial and non-financial companies. UAMC does not share with non-affiliates so they can market to you.
A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our joint marketing partners include credit card companies and insurance companies.
Other Important Information
Texas Consumers: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
California Consumers: Please ask your Loan Officer to provide you with the CA Important Privacy Choices for Consumers form for information on how your privacy choices differ from those set forth in this document.