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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
Finance of America Fortifies Cybersecurity

Finance of America is partnering with Spera Security to mitigate identity security risks and safeguard sensitive data.

Nov 15, 2023
Mr. Cooper Group Faces Federal Class Action Lawsuits Following Cybersecurity Breach

Customers sue Dallas-based mortgage servicer alleging negligence in safeguarding personal data from cyberattack.

Nov 14, 2023
Mr. Cooper Group Faces $3.6 Million Settlement Approval In Class Action Over Unlawful Servicing Fees

Federal court grants preliminary approval for settlement alleging unlawful charges for mortgage payments made online or by phone.

Nov 14, 2023
Mr. Cooper Cybersecurity Incident Exposes Customer Data

Mortgage servicing company attempts to reassure customers while experts assess potential impact of the breach.

Nov 10, 2023