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Ally Bank Faces Class Action Lawsuit Over Data Breach

The class members claim Ally Financial was negligent in safeguarding consumers' personal information

Sep 10, 2024
loanDepot Reports High Revenue During Q2 2024, Despite Cybersecurity Incidentals

Pull-through weighted gain on sale margin of 322 basis points highest since the beginning of the market downturn in 2022.

Aug 06, 2024
loanDepot Dismisses Movement Mortgage Poaching Case

A lawsuit filed by loanDepot in 2023 accused Movement Mortgage of illegally luring away 25 employees over a three-month period in 2021.

Jul 29, 2024
Home Insurers Enact Scorched-Earth Policy

Originators Left To Deal With The Fallout

Jul 08, 2024
loanDepot Promotes Viviana Abarca To Managing Director, Mortgage Lending Operations

Abarca most recently served as Executive Vice President of Lending Operations.

Jun 17, 2024
FHA Enacts New Cybersecurity Reporting Requirements

FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.