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Mortgage firm LoanCare warns 1.3 million people of data breac

Posted on December 28, 2023 by Dissent

Bill Toulas reports:

Mortgage servicing company LoanCare is warning 1,316,938 borrowers across the U.S. that their sensitive information was exposed in a data breach at its parent company, Fidelity National Financial.

LoanCare is a sub-servicing and interim sub-servicing provider and a significant player in the mortgage servicing sector, handling approximately $390 billion in balances from 1.2 million loans.

Last week, its parent company, Fidelity National Financial, a prominent title insurance provider in the United States, disclosed a cyberattack in an SEC filing.

Following this disclosure, LoanCare posted a notice about the incident on its website and informed the authorities of the incident while also sharing a sample of the notice sent to impacted individuals.

Read more at Bleeping Computer.

Category: Financial SectorU.S.

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