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.
-
This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
1h ago -
The real estate and fintech company completed the purchase of 100% of Mortgage One Group, marking a major step in its push into AI financing.
2h ago -
The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
3h ago -
The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
3h ago -
Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
7h ago -
Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
July 1








