Former Countrywide employee may have sold customer info

Posted: Updated:

PHOENIX -- As many as 2 million mortgage loan applicants may have had their personal information stolen.

Former employee arrested

The FBI says a former employee of Countrywide Financial was arrested last month and is charged with selling clients' personal information.

An investigation found that information given out included clients' names, addresses, Social Security numbers, mortgage loan numbers and various other loan and application information.

Countrywide began sending letters to customers this week, letting them know what happened and offering free credit monitoring to those customers affected.

Rene Rebollo of Pasadena, Calif., was a senior analyst for Countrywide's subprime lending subsidiary.

He has pleaded not guilty and is free on bail pending trial, which is set to begin Oct. 7.

You can contact your lender if you fear you may be a victim.