Just as I am trying to log-in to my Paypal account that says it may have had some fraudulent activity and going through a zillion steps to put out that fire I read an email with some breaking news. The article states that a ex employee of the loan company and a current company could have stolen live lead information and sold those leads to other mortgage companies. I assume to make some money on the side.
The mortgage industry is already in enough hot water and this will just make it worse for companies such as CountryWide, LendingTree, and LowerMyBills. You can expect some big laws to come down harsh on the mortgage industry and extensive employee evaluations when hiring.
I assume that the problem could be worse if you go in person to apply for a loan since your papers are sitting out for anyone to see going through different offices and filing systems. I am still a believer in doing things online securely and safely and this will blow over in time.