ABN Amro Mortgage Group Inc., Ann Arbor, Mich., has reported that computer tape containing data on approximately 2.0 million residential mortgage customers was lost while being transported by DHL.The company, a subsidiary of Chicago-based LaSalle Bank Corp., said the tape did not contain any data related to LaSalle Bank accounts other than residential mortgages. "We understand that this incident may cause concern for our customers, and we deeply regret that it has occurred," said Thomas M. Goldstein, AAMG's chairman and chief executive officer. "We have begun notifying our customers and are dedicating resources to assist them and to answer any questions they may have. Although we have no reason to believe that this information has been misused, we are also informing them of steps they can take to protect themselves." The company said it has also arranged for its residential mortgage customers to enroll in a credit monitoring service for 90 days at no cost to them. The company can be found online at http://www.lasallebank.com.
-
Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
4h ago -
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
5h ago -
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
10h ago -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
11h ago -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
September 11 -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
September 10










