Inside Bayview’s $26M breach deal: Fees, payouts

A federal judge has closed Bayview Asset Management’s massive data breach lawsuit, including OKing a big award for the plaintiffs’ attorneys.  Processing Content U.S. District Judge Darrin P. Gayles issued a final judgement in the case last Friday, ending a saga that began with a hack at Bayview’s servicing subsidiaries in late 2021. Bayview agreed […]

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Influential investor updates Fannie Mae, Freddie Mac outlook

The outcome for Fannie Mae and Freddie Mac’s stock is “in the Trump administration’s hands,” with pressure to determine this before the president’s term ends, according to Michael Burry, a famous investor. Processing Content In a new report published Friday, Burry downplayed the impact of Trump’s recent executive order on mortgage credit and its potential

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Higher home-care spending by states linked to greater aging-in-place outcomes

Older adults with difficulty living independently are more likely to remain in their homes when states devote a larger share of long-term care spending to home- and community-based services, according to a new study. Researchers examined whether state investments in home- and community-based services — known as HCBS — were associated with changes in where

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