Cases increased at an average of 14.5% from 2021 to 2022, a LexisNexis survey found.

The hackers, on their dark web blog, recently threatened to release supposed company and borrower information if the lender did not pay.

Grand View Financial promised vulnerable homeowners debt payoff assistance, but its clients all ended up losing their properties.

The incident affecting the information of 1,361 customers is a rare disclosure of a data breach from a top mortgage lender and servicer.

The servicer didn't disclose how many customers were affected by the incident.

A pair of bills make it clear that stealing a homeowner's title is a crime, subject to a maximum prison term of 25 years.

Victimized consumers made up nearly three-quarters of the requests for help received by CertifID last year.

The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.

The charge carries a total of 30 counts, including two Class C felonies and a maximum sentence under the top charge of 15 years in prison.

HomeTrust Mortgage disclosed customers' names, addresses and Social Security numbers may have been compromised in the incident.

Problems with the closing protection letter are the predominant cause of those errors, a FundingShield report determined.

One man had paid bribes and kickbacks for improper sales of foreclosure properties, and another had engaged in ownership and wire fraud in a loan relief scheme, the courts determined.

Plaintiffs in two similar class action complaints accuse the companies of failing to protect their Social Security numbers and loan information.

The document automation company Ocrolus recently launched a new version of its fraud detection platform. Here's how it works and what other services lenders should consider.

But the shift to a purchase market means issues around employment and income verification should concern originators.

The businesses, like other victims of such incidents, have not identified the culprit nor type of attack.

The companies are the latest mortgage businesses to face class action complaints from consumers impacted by the cyberattacks.

The lender gave a $1.3 million mortgage refinance loan to a borrower based off overstated, fraudulent debt, prosecutors said.

Cybersecurity expenses and threats