The cyberattack occurred in December but wasn't discovered until June, according to documents filed by Flagstar.
The post Flagstar reports data breach affecting 1.5 million clients appeared first on HousingWire.
The cyberattack occurred in December but wasn't discovered until June, according to documents filed by Flagstar.
The post Flagstar reports data breach affecting 1.5 million clients appeared first on HousingWire.
Two more lenders have disclosed data breaches that occurred in December, with one of the attacks impacting nearly 86,000 customers.Mortgage fintech Lower, in notices to state attorneys general offices last month, said personally identifiable information including some Social Security numbers for 85,958 customers was compromised. The Maryland-based companyβs update was a supplemental filing to an earlier February disclosure, in which the cyberattack was only revealed to have affected 1,647 use...
Two more lenders have disclosed data breaches that occurred in December, with one of the attacks impacting nearly 86,000 customers.Mortgage fintech Lower, in notices to state attorneys general offices last month, said personally identifiable information including some Social Security numbers for 85,958 customers was compromised. The Maryland-based companyβs update was a supplemental filing to an earlier February disclosure, in which the cyberattack was only revealed to have affected 1,647 use...
As mortgage rates continue to rise, originations are not the only side of the industry affected. So how is the servicing sector reacting?
The post How are higher mortgage rates affecting servicing? appeared first on HousingWire.
As mortgage rates continue to rise, originations are not the only side of the industry affected. So how is the servicing sector reacting?
The post How are higher mortgage rates affecting servicing? appeared first on HousingWire.
LendingTree recently acknowledged it suffered two data breaches in the past year, but it said allegations that it was responsible for a larger breach and βdownplayedβ the events are false.Thatβs according to a statement from a spokeswoman for the company in response to a class action lawsuit filed against LendingTree this week. On Monday, a Massachusetts man filed the lawsuit in a federal district court in North Carolina, where the company is based. On Thursday, the company responded.Lend...
LendingTree recently acknowledged it suffered two data breaches in the past year, but it said allegations that it was responsible for a larger breach and βdownplayedβ the events are false.Thatβs according to a statement from a spokeswoman for the company in response to a class action lawsuit filed against LendingTree this week. On Monday, a Massachusetts man filed the lawsuit in a federal district court in North Carolina, where the company is based. On Thursday, the company responded.Lend...
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.Β That data breach, revealed by Lakeview in mid-March, targeted the personal [β¦]
The post Lakeview Loan Servicing confronts wave of lawsuits after data breach appeared first on HousingWire.
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.Β That data breach, revealed by Lakeview in mid-March, targeted the personal [β¦]
The post Lakeview Loan Servicing confronts wave of lawsuits after data breach appeared first on HousingWire.
When you use your data to track the right metrics for mortgage servicing, you are empowered by such insights to focus on the most important things for your business and provide smart scaling.
The post Opinion: Use data to scale your mortgage servicing business appeared first on HousingWire.
When you use your data to track the right metrics for mortgage servicing, you are empowered by such insights to focus on the most important things for your business and provide smart scaling.
The post Opinion: Use data to scale your mortgage servicing business appeared first on HousingWire.
The price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new loan on a home.The financial data provider Moneyfacts said the average new two-year fixed rate had increased by 0.14% since the start of this month, and now stood at 4.09%. This is the first time the average figure has broken through 4% since early 2013.In December 2021, the average new two-year fixed rate was priced at 2.34%, so it...
The price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new loan on a home.The financial data provider Moneyfacts said the average new two-year fixed rate had increased by 0.14% since the start of this month, and now stood at 4.09%. This is the first time the average figure has broken through 4% since early 2013.In December 2021, the average new two-year fixed rate was priced at 2.34%, so it...
