Mortgage lenders face more lawsuits after data breaches

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    Mortgage lenders face more lawsuits after data breaches

    Mortgage lenders face more lawsuits after data breaches

    By: Andrew Martinez | Published: 2025-07-30 21:43:00 | Source: www.nationalmortgagenews.com

    Data breaches are quietly plaguing more lenders as their impacted customers continue to seek recourse via class action lawsuits. 

    Virginia-based McLean Mortgage is facing four federal complaints after it revealed that the personal identifiable information of 30,453 of its customers was compromised in an October incident. The company, which disclosed the results of an investigation last month, appears to have gone out of business last year. 

    Like other firms responding to breaches, McLean shared few details of the incident, and offered victims 12 months of complimentary credit identity monitoring services. Plaintiffs, who say they’re seeking over $5 million in damages, are seeking to consolidate their claims. 

    The Fairfax, Virginia-based lender hasn’t had an active origination license…

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