All personal information, including financial and credit information, provided to the board for the purpose of obtaining and servicing a loan, shall be held in strict confidence by the board, and used only by the board and its authorized employees for the purpose of processing and servicing the subject loan. Release of any information on an applicant or borrower outside of the board shall be only by proper legal subpoena or by the written consent of the individual involved. The intent is to protect the privacy of individual citizens/veterans and to provide complete candor in loan processing and related business matters. This section is not intended to apply to communication with the credit and financial community on credit evaluation and loan servicing. Also, it is not intended to prevent the disclosure of information in the process of negotiating a settlement by a third party when a loan is in default or otherwise in violation of this law.
Structure Mississippi Code
Title 35 - War Veterans and Pensions
Chapter 7 - Veterans' Home Purchase Law
§ 35-7-3. Declaration of public policy
§ 35-7-9. Limitation on costs of administration of chapter
§ 35-7-13. Duty of public officials to cooperate with board
§ 35-7-19. Acquisition by board of leasehold interests in certain lands for resale to veterans
§ 35-7-27. Details of contract between board and purchaser
§ 35-7-33. Satisfaction of taxes, assessments, etc.; improvements
§ 35-7-35. Cancellation; foreclosure
§ 35-7-37. Care of property reverting to board
§ 35-7-39. Second purchases of property for veteran
§ 35-7-41. Rights of surviving spouse
§ 35-7-43. Removal of disability of minority
§ 35-7-45. Funds; sale of mortgages; issuance of notes
§ 35-7-47. Special consideration in event of hardship
§ 35-7-49. Confidentiality of information obtained in loan processing