Vermont has enacted privacy laws which govern financial institutions right to share consumer and customer information. Vermont law requires that the consumer affirmatively “opt in” prior to the sharing of any information with affiliates or third parties that is not necessary for the processing of a consumer-initiated transaction.

This privacy law affords Vermont consumers with certain rights that are not disclosed in Stockton Mortgage Corporation’s federal privacy notice under Regulation P (the Gramm-Leach-Bliley Act or “GLBA”).

Under Vermont law, financial institutions are not permitted to share a consumer’s nonpublic personal financial information with any nonaffiliated third party without the express consent of that consumer, via written means (or electronic means, if electronic consent is obtained). Stockton Mortgage Corporation does not share an nonpublic personal information of Vermont consumers with non-affiliated third parties unless the consumer has opted-in to such sharing in advance under the terms of the regulation (and has not otherwise revoked this consent), or the sharing is required as part of a transaction initiated by the consumer (such as to process title work or closing services on a residential mortgage loan).

Please be aware that Stockton Mortgage Corporation takes information security seriously, and is committed to adhering to all financial privacy laws, including local and state laws like the Vermont “Opt-In” law. Stockton has enacted protocol and security practices which are designed to ensure the confidentiality and safeguarding of all consumer information, and to otherwise limit sharing as required by applicable law.