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FHA Enacts New Cybersecurity Reporting Requirements

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

Mr. Cooper Group Maintains Profitability Despite Cyberattack

Dallas-based mortgage company nears $1.1 trillion target in mortgage servicing rights.

Feb 12, 2024
Mortgage Executive Headed To Fintech Firm

Mr. Cooper Group's outgoing president and vice chairman Chris Marshall is heading to fintech firm.

Jan 23, 2024
Massive Data Breach Impacts Nearly 15 Million Mr. Cooper Customers

Mr. Cooper discloses cybersecurity incident after 14.7 million customers' data is compromised; lawsuits and identity-protection measures follow.

Dec 19, 2023
Mr. Cooper Cyberattack Fallout: $25 Million Cost, Identity Protection For 4.3 Million Customers

Mr. Cooper reveals the financial impact of its Halloween cyberattack, including expenses for vendor services and complimentary identity protection for all current and former customers.

Dec 18, 2023
In Recovery, Mixed Fortunes For Nation’s Largest Lenders

Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.

Nov 30, 2023