A former Ameriquest Mortgage employee has pleaded guilty to stealing the personal identification information of nearly 100 victims and using that information to obtain money and other items. In his plea agreement, Jason Alan Tauer of Robbinsdale, Minn., admitted stealing the files of 93 people who had made mortgage applications to Ameriquest Mortgage where he worked as a mortgage assistant from March 15 through April 29, 2005. Tauer was indicted late last year and charged with two counts of bank fraud, one count of access device fraud and three counts of aggravated identity theft. The now-defunct Ameriquest was based in Orange, Calif.
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Certainty Home Lending named two new executives, while Equity Prime Mortgage welcomed back a familiar face as chief risk officer.
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Cyberattacks involving artificial intelligence were up 56% in the past year and added on average $1 million to businesses' data breach expenses.
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The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.
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Four new mortgage acquisitions show how companies in home finance are prioritizing advanced technology in what has turned into the year of consolidation.
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On Aug. 14, over 30% of the loans sent to Fannie Mae and Freddie Mac from each company were scored using VantageScore 4.0.
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About 73% of potential buyers intend to purchase within the next year, up slightly compared to the first quarter, according to a Veterans United survey.
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