Massive, Intimate, Compelled: Federal Database May Include 227 Million Americans' SSNs, Entire Credit History, "Household Demographic Data," "Total Wealth and Assets"
Richard Pollock reports at the Washington Examiner:
As many as 227 million Americans may be compelled to disclose intimate details of their families and financial lives -- including their Social Security numbers -- in a new national database being assembled by two federal agencies.
The Federal Housing Finance Agency and the Consumer Financial Protection Bureau posted an April 16 Federal Register notice of an expansion of their joint National Mortgage Database Program to include personally identifiable information that reveals actual users, a reversal of previously stated policy.
"Under the April register notice," the Examiner continues, "the database expansion means it will include a host of data points, including a mortgage owner’s name, address, Social Security number, all credit card and other loan information and account balances."
Also included will be a "mortgage holder’s entire credit history, including delinquent payments, late payments, minimum payments, high account balances and credit scores, according to the notice," the Examiner reports.
"The two agencies will also assemble 'household demographic data,' including racial and ethnic data, gender, marital status, religion, education, employment history, military status, household composition, the number of wage earners and a family’s total wealth and assets," according to the Examiner.