Tag Archives: Mr. Cooper

LoanDepot hackers had access to Social Security numbers, DOBs

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The lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9 million consumers affected by the January cyberattack. Continue reading →

Ransomware group claims it was behind loanDepot cyberattack

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The FBI has developed a decryption tool to combat the ALPHV/Blackcat ransomware variant, and authorities are offering $15 million in rewards to stop the group. Continue reading →

Mr. Cooper now collects payments on $1T in mortgages amid big Q4

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Investors pushed shares in the Dallas-based mortgage loan servicer to a new high on Friday as executives in a Q4 earnings call said they’ll keep investing in technology that boosts efficiency. Continue reading →

Shares in Mr. Cooper at all-time high as servicing portfolio hits $1T

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Moody’s upgrades credit rating of “powerhouse in mortgage servicing” as it restructures the debt it uses to fund growth by issuing $1 billion in unsecured notes at 7.125 percent. Continue reading →

Title insurer First American and many subsidiaries remain offline

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The Dec. 20 cybersecurity incident has derailed closings and generated complaints about the lack of communication since the company took some systems offline. Continue reading →

LoanCare says data breach affected 1.3M mortgage customers

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Parent company Fidelity National Financial has not said whether other subsidiaries were affected in cybersecurity incident it discovered and contained in November. Continue reading →

Title insurer First American Financial is hackers’ latest target

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The nation’s second biggest title insurer issues terse statement saying it’s taken some systems offline. A ransomware group known as Blackcat, ALPHV or Noberus has infiltrated the computer networks of more than 1,000 victims. Continue reading →

Personal info of nearly 15M people exposed in Mr. Cooper data breach

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Personal information in exposed files included names, addresses, phone numbers, Social Security numbers, dates of birth, bank account numbers, Mr. Cooper said. Continue reading →

Mr. Cooper: Hackers got personal info on past and present customers

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Loan servicing giant Mr. Cooper, which is facing multiple lawsuits over a recent cybersecurity breach, will provide two years of identity protection services and credit monitoring to all current and former customers. Continue reading →

Mr. Cooper faces slew of class action lawsuits after cyberattack

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The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans. Continue reading →