Mortgage executives and loan officers bombarded Erik Hawkins, the head of U.S. sales for financial services at Facebook (FB), with questions at a recent industry technology conference in Los Angeles.

They wanted to know if Facebook would help them comply with regulations and maintain an audit trail given that so many loan officers are using the social network to reach out to potential customers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.