The servicing data breach that’s spawned 12 lawsuits so far

On this episode, Editor in Chief Sarah Wheeler talks with Senior Reporter Bill Conroy about the data breach at Lakeview Loan Servicing that exposed the personal information of 2.5 million borrowers, and the lawsuits now being filed against the company.

The two also discuss the rise of alternative loan products in this purchase market, including non-QM loans and adjustable-rate mortgages (ARMs).

HW Media Articles related to this episode:

• Lakeview Loan Servicing confronts wave of lawsuits after data breach
• The housing industry will soon be up in ARMs
• PLS market is on track to notch record volume this year