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Kevin Peranio, chief lending officer at PRMG, talks innovation and why he thinks 2024 is going to be an incredible year for mortgage lenders.
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Merry 420, which coincidentally was the yield on the 2-year Treasury note early today. Data and lawsuits about data… What’s in your wallet? Or maybe I should say, “Who’s in your wallet?” A Consumer Financial Protection Bureau (CFPB) employee (sent) confidential consumer data on roughly 256,000 people to their personal email account in what the agency described as a “major incident.” The data, which the CFPB says the former employee had authorized access to, included personally identifiable information, such as names and transaction-specific account numbers, of consumers of seven institutions.” As industry vet Brian B. asks, “Didn’t Richard Cordray assure us that personal information isn’t handled by the CFPB?” Speaking of big data, Big Brother, and privacy, if you’re a Facebook member, there’s a class action lawsuit entitling people to a “piece of the pie.” (If you just want
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