Explanation: U.S. Bank's Borrower Release of Authorization of

Explanation: U.S. Bank’s Borrower Release of Authorization of

Private Information Form

When your loan is purchased by U.S. Bank, Housing Finance Authority Division

(HFA), acting as Illinois Housing Development Authority’s Loan Servicer,

borrowers are notified by U.S. Bank HFA Division for loan payment collection.

In addition, Illinois Housing Development Authority (IHDA) requires borrowers

who receive an IHDA loan to complete U.S. Bank HFA’s required Borrower

Authorization of Release of Private Information form. This form permits U.S.

Bank HFA, the Loan Servicer, to share necessary data pertaining to the

borrower/co-borrower and loan transaction with IHDA.

If the loan is not purchased by U.S. Bank HFA acting as IHDA’s Loan Servicer,

no data will be shared between the originating lender and U.S. Bank HFA.

Borrower Authorization of Release of Private Information

The undersigned Borrower and Co-Borrower, if any, (individually and collectively, “Borrower” or “I”)

authorize U.S. Bank National Association, and its successors and assigns (“U.S. Bank”), to disclose,

share, release, communicate, and provide to and with

ILLINOIS HOUSING DEVELOPMENT AUTHORITY (“Third Party”) private information and

documentation (collectively, “Information “) contained in or related to my mortgage loan, which is

identified below. This Information may include, but is not limited to, my name, address, telephone

number, social security number, FICO score, loan data, credit report, income, government monitoring

information, loss mitigation application status, account balances, program eligibility, reports, and

payment activity, including delinquencies. I understand that some or all of the Information is classified

as private information with regard to an individual. I understand that it may be necessary for Third

Party to have access to my Information in order to effectively manage Third Party’s loan programs.

I have read and understand U.S. Bank’s Privacy Pledge which is attached to this Authorization. I am

aware that U.S. Bank is committed to compliance with its Privacy Pledge and with the Privacy of

Consumer Financial Information (Regulation P) Gramm-Leach-Bliley Act (GLBA), the Fair Credit

Reporting Act (FCRA) and other legal requirements relating to the privacy and security of my

Information.

I understand that U.S. Bank will take reasonable steps to verify the identity of Third Party before

releasing my Information to Third Party, but U.S. Bank has no responsibility or liability to verify the

identity of Third Party or what Third Party will do with my Information provided by U.S. Bank. I agree to

indemnify and hold U.S. Bank harmless in the event Third Party misuses my Information provided to

Third Party by U.S. Bank.

This authorization will not be valid unless I sign the authorization and will remain in effect until I revoke

it in writing and deliver my revocation to U.S. Bank.

Loan No.:

___________________________

Property Address:

___________________________________

Borrower Name:

___________________________________

Borrower Signature:

___________________________________

Date:_______________________

Co-Borrower Name:

__________________________________

Co-Borrower Signature:

__________________________________

Date:_______________________

usbank.com Rev. 12 31 14

Rev. 11/14

42857

FACTS

WHAT DOES U.S. BANK DO

WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives

consumers the right to limit some but not all sharing. Federal law also requires us to tell you

how we collect, share, and protect your personal information. Please read this notice carefully to

understand what we do.

What?

The types of personal information we collect and share depend on the product or service you

have with us. This information can include:

■

Social Security number and income

■

account balances and payment history

■

transaction history and credit history

How?

All financial companies need to share customers’ personal information to run their everyday

business. In the section below, we list the reasons financial companies can share their

customers’ personal information; the reasons U.S. Bank chooses to share; and whether you can

limit this sharing.

Reasons we can share your personal information Does U.S. Bank share? Can you limit this sharing?

For our everyday business purposes—

such as to process your transactions, maintain

your account(s), respond to court orders and legal

investigations, or report to credit bureaus

Yes No

For our marketing purposes—

to offer our products and services to you

Yes No

For joint marketing with other financial companies No We don’t share

For our affiliates’ everyday business purposes—

information about your transactions and experiences

Yes No

For our affiliates’ everyday business purposes—

information about your creditworthiness

Yes Yes

For nonaffiliates to market to you No

We don’t share

To limit

our sharing

■

Call 800-370-8580—our menu will prompt you through your choice or

■

Visit us online: http://www.usbank.com/privacy and tell us your preference on the “Exercise

Your Privacy Choice” page.

Please note: If you are a new customer, we can begin sharing your information 30 days from the

date we sent this notice. When you are no longer our customer, we continue to share your

information as described in this notice.

However, you can contact us at any time to limit our sharing.

To limit

our direct

marketing

Please note:

We may contact our existing customers by mail, telephone, or email to offer

additional financial products or services including products and services offered by nonaffiliates

that we believe may be of interest to you. You may direct us not to send you such offers.

■

To limit our direct marketing to you by mail or telephone, please call 800-370-8580--our menu

will prompt you through your choices, or visit us online: http://www.usbank.com/privacy and tell

us your preference on the “Exercise Your Privacy Choice” page.

■

To limit our direct marketing to you by e-mail, visit us online: http://www.usbank.com/privacy

and tell us your preference on the "Email Preferences" page.

Questions?

Call 800-872-2657 or go to usbank.com

Page 2

Who we are

Who is providing

this notice?

Companies with the U.S. Bank and U.S. Bancorp names and other affiliates. Please see below for

a list of other affiliates that do not have a U.S. Bank or U.S. Bancorp name.

Except for California, North Dakota and Vermont residents, a different notice applies to customers

who leased or purchased a vehicle and obtained U.S. Bank financing directly through a dealership.

That notice from U.S. Bank—Dealer Financial Services is available online at

http://www.usbank.com/privacy or by calling 800-437-9497.

What we do

How does U.S. Bank

protect my personal

information?

To protect your personal information from unauthorized access and use, we use security measures

that comply with federal law. These measures include computer safeguards and secured files and

buildings.

How does U.S. Bank

collect my personal

information?

We collect your personal information, for example, when you

■

open an account or apply for a loan

■

use your credit or debit card or make deposits or withdrawals from your account

■

tell us about your investment or retirement portfolio

We also collect your personal information from others, such as credit bureaus, affiliates,

or other companies.

Why can’t I limit all

sharing?

Federal law gives you the right to limit only

■

sharing for affiliates’ everyday business purposes—information about your creditworthiness

■

affiliates from using your information to market to you

■

sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing. See below for

more on your rights under state law.

What happens when

I limit sharing for an

account I hold jointly

with someone else?

Your choices will apply individually—unless you tell us otherwise.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial

companies.

■

Our affiliates include companies with a U.S. Bank and U.S. Bancorp name; financial companies

such as U.S. Bank National Association and U.S. Bancorp Investments, Inc.

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial

companies.

■

U.S. Bank does not share with nonaffiliates so they can market to you

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial

products or services to you.

■

U.S. Bank doesn’t jointly market

Page 3

Other important information

You may have other privacy protections under applicable state laws. To the extent these state laws apply, we will comply

with them when we share information about you.

For California residents: In accordance with California law, we will not share information we collect about you with

companies outside of our corporate family, except as permitted by law, including, for example, with your consent or to

service your account. We will limit sharing among our companies to the extent required by California law.

For Vermont residents: In accordance with Vermont law, we will not share information we collect about you with

companies outside of our corporate family, except as permitted by law, including, for example with your consent or to

service your account. We will not share information about your creditworthi

ness within our corporate family except with

your authorization or consent, but we may share information about our transactions or experiences with you within our

corporate family without your consent.

For Nevada residents: We may contact our existing customers by telephone to offer additional financial products that we

believe may be of interest to you. You have the right to opt out of these calls by adding your name to our internal do-not-call

list. To opt out of these calls, or for more information about your opt out rights, please contact our customer service

department. You can reach us by calling 800-USBANKS (800-872-2657), clicking the “Email Us” link at

usbank.com/privacy, or writing to P.O. Box 64490, St. Paul, MN 55164. You are being provided this notice under Nevada

state law. In addition to contacting U.S. Bank, Nevada residents can contact the Nevada Attorney General for more

information about your opt out rights by calling 702-486-3132, emailing aginfo@ag.nv.gov, or by writing to:

Office of the Attorney General, Nevada Department of Justice, Bureau of Consumer Protection

100 North Carson Street, Carson City, NV 89701-4717

Additional U.S. Bancorp affiliates

The Miami Valley Insurance Company

Red Sky Risk Services, LLC

Mississippi Valley Company

Elan Life Insurance Company

*Please keep in mind that, as permitted by applicable law, if you have a private label credit card account with us, we share

information about you with our financial or retail partners in connection with maintaining and servicing your account, including for

that financial or retail partner to market to you. Federal law does not give you the right to limit this sharing.