A Dallas-based loan servicer and originator with millions of customers said it was hit in a cyberattack this week.
A Dallas-based mortgage loan servicer and originator with millions of customers said it was hit in a cyberattack this week.
Mortgage giant Mr. Cooper Group, formerly known as Nationstar Mortgage, said an unauthorized third party gained access to certain technology systems Tuesday and that it has launched an investigation and is working to restore its systems as soon as possible.through email, its website, social posts and by phone.
“Following detection of the incident, we initiated response protocols, including deploying containment measures to protect systems and data and shut down certain systems as a precautionary measure,” a company spokesperson told“We value our customers and take their data privacy very seriously, and we have launched an investigation with assistance from leading cybersecurity experts and notified law enforcement.
Mr. Cooper services loans for 4.3 million customers, according to a third-quarter earnings release Oct. 25. The company’s originations business funded more than 12,000 loans from July to September.Despite the highest mortgage rates in decades, U.S. home prices reached a new record high in August while Dallas-Fort Worth prices declined slightly from July, according to the S&P CoreLogic Case-Shiller home price index.
, Residential Real Estate Reporter. Mitchell covers residential real estate across North Texas for The Dallas Morning News. He previously covered commercial and residential real estate for the San Antonio Business Journal and is a graduate of the University of Cincinnati.What Six Flags and Cedar Fair each bring to blockbuster theme park deal
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