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Mortgage Servicer LoanCare Reports Data Breach

Mortgage Servicer LoanCare Reports Data Breach
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LoanCare Says Data Breach Affected 1.3 Million Customers

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

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First American And Many Subsidiaries Remain Offline Day After Christmas

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

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First American Financial Warns Clients To Watch Out For Fake E-Mails

Two days after being hit by a cyberattack, the title insurance giant says it's still trying to restore operations and warns clients that it's taken its email system offline. ....

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HELOC, Broker, and Correspondent Programs; First American's Cyber Issue; 10-Year Yield Bouncing Back?

“If you know someone who has an intense fear of store Santas, would you say they were suffering from Claus-trophobia?” For individuals or companies, do you have a fear of being hacked? Under the heading of “It’s not if, but when…” First American “has experienced a cybersecurity incident. In response, we’ve taken certain systems offline [like the main website above] and working to return to normal business operations as soon as possible.” First American owns First American Title and also owns ACI, one of the largest appraisal software providers. This outage stopped appraisers using ACI from having the ability to upload appraisal reports to FLS. Some lenders acted quickly. Fairway Independent, for example, stated that if a Fairway borrower’s closing was negatively impacted, corporate would cover any hotel, meal, or storage expenses incurred by their clients. (Today’s podcast can be found here, and this week ....

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