AnnieMac Home Mortgage is the latest lender to settle a data breach lawsuit, agreeing to a $2 million deal with impacted consumers. Processing Content Plaintiffs in a federal class action complaint filed a motion for preliminary approval of a settlement this week, ending litigation over a 2024 hack at the company. The agreement covers 171,074 […]
Lender payouts for data breaches grow with new settlement Read More »
Freddie Mac’s retained portfolio inched back up but came nowhere close to catching up with Fannie Mae’s, bearing out a 2026 trend that stands in contrast to last year’s. Processing Content Freddie’s retained portfolio was $139 billion at the end of June, up from $137 billion the previous month and $97 billion year earlier. Fannie’s
How much are the GSEs’ retained portfolios growing? Read More »
Key insight: FDIC and OCC proposed CRA rule changes aimed at curbing grant funding for “activist causes.” What’s at stake: Exams would narrow to focus mainly on lending, dropping deposit services from the retail assessment. Forward look: The proposal is subject to a 60-day comment period once it hits the Federal Register. WASHINGTON — A
Trump admin revamp of anti-redlining law targets activist groups Read More »