Data security

Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage from his critics seemingly at every turn, including several times just last week.

WEI Mortgage discovered a data breach from an email phishing scam last fall that may have exposed loan package information and identifying data such as Social Security numbers.

The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

Mortgage companies should model cybersecurity protocols after their compliance strategies to avoid being underprepared in the event of a data breach.

Blockchain technology promises to streamline how mortgages are managed at every point in their life cycle. But it will take an industrywide embrace for blockchains to reach their full potential.

Blockchain technology can support a number of core technology issues plaguing the mortgage industry, including data integrity, security, distribution and compliance.

The agency’s acting director uses a reply letter to the senator not to answer her questions but to underscore that Congress lacks the ability to compel answers to such questions.

Financial data and analytics company FinLocker has gained the approval of a second patent supporting its digital vault functionality.

The Consumer Financial Protection Bureau is among several agencies that "continue to investigate events related to" last year's Equifax brief, the credit reporting firm said in a securities filing.