New American Funding Reports Data Breach Linked to Vendor – NMP Skip to main content

New American Funding Reports Data Breach Linked to Vendor

Jul 21, 2025
Data Security Breach

Breach could include borrowers’ financial information, company states in notice

Independent mortgage lender and servicer New American Funding, LLC reported a data breach potentially affecting customer information after one of its vendors suffered a cybersecurity incident, according to a notice filed with the California Attorney General.

The breach is tied to a vendor that provided notary services for the mortgage lender. “On June 6, 2025, we learned about suspicious activity associated with information provided to one of our vendors that provided notary services,” the company stated in the consumer notice. 

While New American’s own systems and data were not affected, the company said that “an unauthorized actor gained access to systems containing New American Funding consumer data and may have taken documents.”

Though the vendor — identified as Mobile Notary Zone (MNZ) — has provided little detail about the breach, New American conducted an internal review and identified customers whose information had been shared with the vendor. The review was completed on June 26, 2025.

New American didn't provide specifics regarding how many of its customers the breach potentially may have affected. But the affected documents, the company noted, were related to loan closings, and may include borrowers’ names and “all or some combination of the following data elements: address, Social Security number, date of birth, financial account information, and other personal financial information.”

Out of “an abundance of caution,” New American Funding said it is notifying potentially affected individuals, even though it could not confirm whether their information was actually compromised.

In response to the breach, “all services provided by MNZ were immediately terminated upon discovery of this incident,” New American stated. “We also notified law enforcement and federal regulators and have been complying with their inquiries.”

To assist affected individuals, the company noted it is offering complimentary membership to Experian IdentityWorks, which includes credit monitoring, identity theft protection, and $1 million in identity theft insurance.

New American Funding encouraged consumers to remain vigilant for signs of fraud or identity theft and to monitor their credit reports and financial accounts over the next 12 to 24 months.

About the author
Published
Jul 21, 2025
More from
Operations
Zillow Covers FHA Down Payments, Steps Up Competition For Purchase Loans

The five-year forgivable loan gives Zillow another incentive to attract borrowers as it expands its mortgage business

Oct 28, 2026
FICO Ties $10 Mortgage Score Pricing To Lender Commitments

The Preferred Program bundles Classic FICO and FICO 10T at an unchanged wholesale price

Oct 26, 2026
LO Compensation: What The Split Doesn’t Tell You

NMP’s Ignite summit explored the rules, expenses, and platform differences that shape what originators actually earn

Oct 23, 2026
HomeQB And MaxClass Give Originators A New Approach To Professional Referrals

An Oct. 27 webinar will examine how originators can build relationships with financial advisers and other professionals

Oct 20, 2026
Fannie Expands Occupancy Checks; Freddie Targets Loan Defects

New DU updates put occupancy questions in front of lenders before closing, while Freddie reports lower defect rates on loans using automated tools

Oct 15, 2026
How Reliable Is That Home Value? MISMO Sets AVM Testing Guidelines

The guidance addresses valuation accuracy, confidence scores, and testing differences that matter for home equity and refinance loans

Oct 08, 2026