We value the trust you put in us and understand that protecting your personal information is critical to earning and keeping that trust. The Oregon Consumer Privacy Act (OCPA) gives Oregon residents the power to request to
This Oregon Consumer Privacy Act Disclosure (“Disclosure”) is meant to supplement the Valere Financial online Privacy Statement and explain how Valere Financial collects, uses, and discloses personal data relating to Oregon residents covered by the Oregon Consumer Privacy Act (“OCPA”). This Disclosure applies solely to visitors, users, applicants, and others who reside in the State of Oregon (hereinafter referred to as a “consumer” or “consumers”). Any terms used in this Disclosure, but not defined herein, have the same definition as used in the OCPA.
Valere Financial currently operates under the following names in the state of Oregon:
The OCPA applies to data, derived data or any unique identifier that is linked to an Oregon resident or to a device that is linked to an Oregon resident. Consumers’ personal data does not include information subject to the Gramm-Leach-Bliley Act (“GLBA”). Personal data subject to the GLBA includes, without limitation: information provided to Valere Financial during the mortgage application process, information that results from the mortgage transaction; or information Valere Financial otherwise obtains in connection with providing the mortgage.
The personal data Valere Financial collects, processes, and discloses varies based upon the relationship and/or interactions with an individual. For example, personal data collected from a consumer who visits the Valere Financial website and submits a mortgage application online may differ from personal data collected from a consumer who does business with Valere Financial in-person.
Valere Financial collects data that is linked to or is reasonably linkable to a consumer or to a device that identifies, is linked to or is reasonably linkable to one or more consumers in a household. Valere Financial may collect the following categories of personal data from consumers. Categories of personal information collected by Valere Financial are indicated by the term ‘YES’ in the ‘Collected’ column:
| Category | Examples | Collected |
|---|---|---|
| A. Identifiers | A real name, alias, postal address, unique personal identifier, online identifier, Internet Protocol address, email address, account name, signature, Social Security number, physical characteristics or description, address, telephone number, passport number, driver's license or state identification card number, insurance policy number, education, employment, employment history, bank account number, credit card number, debit card number, or any other financial information, medical information, or health insurance information. | YES |
| B. Protected classification characteristics under Oregon or Federal law. | Age, race, color, ancestry, national origin, citizenship, religion or creed, marital status, medical condition, physical or mental disability, sex (including gender, gender identity, gender expression, pregnancy or childbirth and related medical conditions), sexual orientation, veteran or military status, genetic information (including familial genetic information). | YES |
| C. Commercial information. | Records of personal property, products or services purchased, obtained, or considered, or other purchasing or consuming histories or tendencies. | YES |
| D. Internet or similar network activity | Browsing history, search history, information on a consumer's interaction with a website, application, or advertisement. | YES |
| E. Geolocation data | Physical location or movements. | YES |
| F. Sensory data | Audio, electronic, visual, thermal, olfactory, or similar information. | YES |
| G. Professional or employment related information | Professional or employment related information. | YES |
| H. Non-public education information (per the Family Educational Rights and Privacy Act (20 U.S.C. § 1232g, 34 C.F.R. Part 99)) | Education records related to a student maintained by an educational institution or party acting on its behalf, such as grades, transcripts, class lists, student schedules, student identification codes, student financial information, or student disciplinary records. | NO |
| I. Inferences drawn from other personal information | Profile reflecting a person's preferences, characteristics, psychological trends, predispositions, behavior, attitudes, intelligence, abilities, and aptitudes. | No |
| J. Sensitive data | Data that reveals a consumer’s racial or ethnic background, national origin, religious beliefs, mental or physical condition or diagnosis, sexual orientation, status as transgender or nonbinary, status as a victim of crime or citizenship or immigration status; that accurately identifies within a radius of 1,750 feet a consumer’s present or past location, or the present or past location of a device that links or is linkable to a consumer by means of technology that includes, but is not limited to, a global positioning system that provides latitude and longitude coordinates; or Is genetic or biometric data. |
Yes |
Valere Financial will only retain personal data for the length of time needed to fulfill the purpose for which it was collected.
Valere Financial may collect, process, or disclose consumer personal data for one or more of the following business purposes:
Note: Valere Financial will limit its collection of personal data to only the personal data that is adequate, relevant, and reasonably necessary to serve the purposes stated above. Valere Financial will not process personal data for purposes that are not reasonably necessary for and compatible with above purposes unless Valere Financial obtains the consumer’s consent.
Valere Financial only processes sensitive data about a consumer to the extent required to comply with state and federal law. Valere Financial will not process a consumer’s sensitive data without the consumer’s consent.
Valere Financial has disclosed the following categories of personal data with third parties:
Valere Financial has disclosed the above categories of consumer personal information with the following categories of third parties:
Valere Financial does not process personal data for the purpose of targeted advertising.
Valere Financial profiles personal data via automated processing that produces effects of legal effects or effects of similar significance. You or your authorized agent may submit a request to opt out of this type of data processing by completing the online webform - Oregon Privacy Request
The OCPA provides Oregon residents with specific rights regarding their personal information. This section describes consumers’ OCPA rights and explains how to exercise those rights.
Right to Confirm Processing of and Obtain Personal Data
Oregon consumers have the right to request that Valere Financial provide certain information about the collection and processing of personal data. Before Valere Financial provides a consumer’s personal data to the consumer, it will ask for information to verify the requestor’s identity. Once Valere Financial receives and confirms an authenticated consumer request, we will provide the following:
Note: Valere Financial may not disclose the requested data if it cannot verify a requestor’s identity. Valere Financial may not disclose certain data covered by one or more exemptions from the OCPA, as discussed earlier in this Disclosure.
Deletion Request Rights
Consumers may request the deletion of personal data collected and retained by Valere Financial. Upon receipt and confirmation of a verifiable consumer request, Valere Financial will delete (and/or direct Valere Financial service providers to delete) consumer personal data from applicable records, unless an exception applies under the OCPA.
Correction Request Rights
Consumers may request the correction of inaccurate personal information collected and retained by Valere Financial. Upon receipt and confirmation of an verifiable authenticated consumer request and supporting documentation (if necessary), Valere Financial will correct (and/or direct Valere Financial service providers to correct) the inaccurate consumer personal information in all applicable records, unless an exception applies under the OCPA. Valere Financial will inform the consumer whether it has complied with a consumer correction request. A consumer’s request to correct may be denied if Valere Financial determines that the contested information maintained by Valere Financial is more likely than not accurate based on the totality of relevant circumstances.
Right to Request a List of The Third Parties to Which We Have Disclosed Personal Data
Consumers may request a list of specific third parties, other than natural persons, to which Valere Financial has disclosed personal data. Upon receipt and confirmation of an authenticated consumer request, Valere Financial will provide a list of specific third parties to which Valere Financial has disclosed any personal data, unless an exception applies under the OCPA.
Right to Opt-Out of the Sale of Personal Data
Consumers and their authorized users may opt out of the sale of the consumer’s personal data. Upon receipt of a request to opt out of the sale of personal data from a consumer or their authorized agent, Valere Financial will comply with the request, unless an exception applies under the OCPA.
Right to Opt-Out of Automated Data Processing that Produces Significant Effects
Consumers and their authorized users may opt out of the processing of that consumer’s personal data that Valere Financial uses to profile the consumer in furtherance of decisions that produce legal effects or effects of similar significance. Upon receipt of a request to opt out of the processing of a consumer’s data for this purpose, Valere Financial will comply with the request, unless an exception applies.
Non-Discrimination Rights
Valere Financial will not discriminate against Oregon consumers, employees, applicants for exercising any rights under the OCPA. Except to the extent permitted by the OCPA, Valere Financial will not:
How to Exercise Rights
The following OCPA rights can be exercised by completing the online webform - Oregon Privacy Request
Note: For the Right to Opt-Out of the Sale of Personal Data, consumers may submit a request by clicking on the “Do Not Sell or Share My Personal Information” button found in the banner at the bottom of this webpage. Authorized agents and consumers who are natural persons may submit a request to Opt-Out of the Sale of Personal Data by via the online webform - Oregon Privacy Request.
Right to Confirm Processing of and Obtain Personal Data, Delete Personal Data, or Correct Personal Data: Valere Financial will respond only to requests that are authenticated consumer requests. As a result, Valere Financial will seek to authenticate a consumer’s identity upon receipt of any request. Valere Financial will ask information from the requestor that enables identification, such as the consumer’s email address or the last four digits of the consumer’s social security number. Valere Financial also may use a third-party verification provider to verify a consumer’s identity.
As part of a request to correct inaccurate data that Valere Financial maintains about a consumer, the consumer submitting the request must provide any documentation that rebuts the accuracy of the contested data maintained by Valere Financial.
Authorized Agents: An authorized person may submit an opt-out request on behalf of a consumer using the webform shown above. An authorized agent who is a natural person will be required to provide their contact information, the verification information of the consumer on whose behalf they are making the OCPA request, any documentary evidence as part of a correction request, and evidence of their authorization to act on behalf of the consumer in the form of either :
Valere Financial cannot respond to a request or provide a consumer with personal data if it cannot verify the identity of the consumer, the authority of a third party to make the request, and/or confirm the requested personal data relates to the consumer. Making a request does not require the creation of an account with Valere Financial. Valere Financial will only use personal data provided by or on behalf of a consumer in a request to verify the requestor’s identity and/or authority to make the request.
Response Timing and Format
Valere Financial strives to respond to each authenticated consumer request within 45 days of its receipt. If Valere Financial requires more time, it will inform the requestor of the reason and extension period in writing. If the requestor has a pre-existing account with Valere Financial, Valere Financial may deliver its written response by means of that account. If the requestor does not have a pre-existing account, Valere Financial may deliver its written response either by mail or electronically. For request to confirm processing of/obtain personal data requests, Valere Financial will select a portable format to provide a consumer’s personal data that is readily useable and allows the consumer to transmit the information from one entity to another entity without hindrance.
Valere Financial does not charge a fee to process or respond to an authenticated consumer request submitted once during any 12-month period. Valere Financial may charge a reasonable fee to cover the administrative costs of complying with a second or subsequent request within the 12-month period, unless the purpose of the second or subsequent request is to verify that Valere Financial has corrected inaccuracies in, or deleted, a consumer’s personal data in compliance with the consumer’s initial request. If Valere Financial determines a request warrants a fee, Valere Financial will inform the consumer of the decision and provide a cost estimate before completing the request.
Request Denials and Right to Appeal
If Valere Financial denies a consumer request, it will notify the consumer in writing and explain the basis for the denial. The consumer may appeal the denial by responding to the notification of denial with additional information for consideration within 14 calendar days of the date of notification. Valere Financial will approve or deny the appeal within 45 days after the date on which Valere Financial receives the appeal and will notify the consumer in writing of Valere Financial’s decision and the reasons for the decision. If Valere Financial denies the appeal, the notice will provide or specify information that enables the consumer to contact the Attorney General to submit a complaint.
Valere Financial reserves the right to amend this Disclosure at its discretion and at any time. When Valere Financial makes changes to this Disclosure, it will notify consumers by posting a link to the updated Disclosure to its website homepage. Consumers should check back periodically for any updates.
For questions or comments about this Disclosure, our Privacy Statement, the ways in Valere Financial collects and processes consumer personal data, consumer choices and rights regarding such use, or exercising rights under Oregon law, please contact Valere Financial by sending an email to: [email protected]
This policy was last updated on 20/08/2024