Lakeview Loan Servicing Faces Lawsuits After Data Breach

Lakeview Loan Servicing confronts wave of lawsuits after data breach

housingwire housingwire | 1 year ago

One of the largest loan-servicing companies in the nation, Lakeview Loan Servicing LLC, is facing at least a dozen civil lawsuits, all seeking class-action status, in the wake of a major cyberattack that compromised the personal data of the mortgage borrowers the company serves. That data breach, revealed by Lakeview in mid-March, targeted the personal […] The post Lakeview Loan Servicing confronts wave of lawsuits after data breach appeared first on HousingWire.

Data breach fears make older borrowers reluctant to share home loan data online

The voice of the UK mortgage i... The voice of the UK ... | 1 year ago

The reg tech firm adds this compares with 17% of all adults who went online to compare mortgage and equity release quotes. Its study adds that 46% of over-55s went straight to their bank, and 63% of this group only got one quote before taking out a loan. Older borrower’s reluctance to go online to compare deals stems from “concerns about who has access to their data,” says the report. if ($(window).width()

Meeting the needs of affordable housing with loan servicing

mrisoftware mrisoftware | 3 years ago

This blog was written by Elaine Magil, Director, Advisory & Transactions at TCAM, An MRI Company Affordable housing loans are far more complex and varied than standard first mortgage commercial and homeownership loans. Often issued to fill gaps in the financing structure, affordable housing loans can have a wide variety of funding sources, payment terms, … Continued The post Meeting the needs of affordable housing with loan servicing appeared first on MRI Software.