Finance
Which federal act requires mortgage lenders to disclose whether they share nonpublic personal information about borrowers with third parties?
ARESPA
BGramm-Leach-Bliley Act (GLBA)✓ Correct
CTILA
DHMDA
Explanation
The Gramm-Leach-Bliley Act requires financial institutions (including mortgage lenders) to provide privacy notices explaining how they collect and share customers' personal information.
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