1+ hour, 47+ min ago   (552+ words) Bayview Asset Management has agreed to a $26 million settlement to resolve data breach claims for a prospective class of around 5.8 million consumers." The sides published the agreement Wednesday in a Florida federal court, and it's subject to a judge's approval....

13+ hour, 42+ min ago   (540+ words) Rocket Mortgage is being accused of selling mortgage applicants' sensitive financial data to third parties, via surreptitious trackers on its website." Gary Fedoroff, who applied online for a refinance last November, filed a class action lawsuit in a California federal…...

1+ mon, 3+ week ago   (607+ words) Wholesale lender Nations Direct Mortgage will settle a class action suit resulting from a 2023 cyberattack that led to the leak of personal data belonging to more than 83,000 consumers. Under terms of the settlement, Nations Direct will reimburse each class member…...

1+ mon, 3+ week ago   (594+ words) Borrowers are slamming yet another mortgage lender with class action lawsuits after it revealed a data breach last month. Troy, Michigan-based Towne Mortgage did not say in a public notice how many of its customers were impacted in a June…...

2+ mon, 1+ week ago   (563+ words) Fraud and forgery attempts that appear in refinance transactions are turning out to be a rising risk factor leading to claims that end up costing title insurers hundreds of thousands of dollars." Claims resulting from fraud or forgery now average…...

2+ mon, 2+ week ago   (490+ words) Bayview Asset Management and three affiliates have agreed to a settlement with plaintiffs over a data breach lawsuit for a hack that affected 5.8 million people in 2021. The sides agreed to basic terms of a class action settlement, subject to court…...

2+ mon, 2+ week ago   (694+ words) Amerisave Mortgage faces a new class action lawsuit that alleges it violated the Telephone Consumer Protection Act after it attempted to contact an individual on the Do Not Call registry." In documents filed in federal court in the Northern District…...

2+ mon, 3+ week ago   (881+ words) Flagstar Bank has agreed to a $31.5 million settlement to resolve two class action lawsuits stemming from data breaches which impacted over 2 million consumers. The agreement, pending a Michigan federal judge's approval, will create the fund for approximately 2,187,170 class members, according…...

4+ mon, 5+ day ago   (1289+ words) In our Tech Disruption survey, National Mortgage News asked participants "What technology is in use in your organization?" When it came to "advanced fraud protection tools," significant shares of banks, credit unions and nonbank mortgage lenders all said they do…...

5+ mon, 8+ hour ago   (627+ words) TransUnion publicly disclosed on Thursday that a cyber incident last month impacted more than 4.4 million people in the U.S. The breach, discovered on July 30, stemmed from unauthorized access to a third-party application that occurred on July 28, TransUnion said in a filing…...