Posted To: Pipeline Press

Fortunately for much of the rest of the United States, lumber prices have been falling since May, hopefully cutting the money required for new construction. Criminals often go to where the money is, and lenders must implement steps to stop wire fraud and to give their client comfort that large sums of money, often their life’s savings, are in good hands. The Securities and Exchange Commission (SEC) announced settled charges against First American Financial Corp. , one of the largest mortgage title and settlement services companies in the U.S., alleging cybersecurity breaches when the company exposed sensitive personal information of its customers and did not follow proper incident response when informing customers about the leak. Be careful out there! ( Today’s audio version of…(read more)

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Source: Mortgage News Daily