Mortgage Loan Giant Prepares To Send $26,000,000 To Customers, Ending Lawsuit Over Major Data Breach

Mortgage Loan Giant Prepares To Send $26,000,000 To Customers, Ending Lawsuit Over Major Data Breach

A US mortgage lender is preparing to pay $26,000,000 to settle a class action lawsuit that alleges a cybersecurity incident exposed the personal information of millions of individuals. According to court-approved settlement documents, Florida-based Lakeview Loan Servicing has agreed to a proposed $26 million settlement resolving claims tied to a data breach that affected 2.53 million people across the United States. The lawsuit stems from a cybersecurity incident in which unauthorized actors gained access to company systems and potentially exposed sensitive personal information. The compromised data may have included names, Social Security numbers, financial account details and other identifying information. As stated on the official settlement website, “The Settlement provides for a $26,000,000 non-reversionary common fund to resolve claims arising from the data incident.” According to

Source: https://dailyhodl.com/2026/04/11/mortgage-loan-giant-prepares-to-send-26000000-to-customers-ending-lawsuit-over-major-data-breach/