Common use of Borrower Data Clause in Contracts

Borrower Data. FirstClose will maintain the privacy of personal financial information contained within the Borrower Data in accordance with federal and state laws, rules and regulations, including GLBA. FirstClose will take and maintain commercially reasonable and appropriate measures designed to secure Customer Data against accidental or unlawful loss, access or disclosure. Subject to Section 2.5 (Transactional Settlement Services), FirstClose will not disclose any Borrower Data to any third party. Upon request, FirstClose will return to Customer or destroy any Borrower Data submitted by Customer upon termination or expiration of this Agreement, except for copies reasonably necessary for tax, audit or legal requirements.