Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft. Shadow Inventory To Peak in Summer of 2010: Barclays.. How did PNC Financial turn a profit with its mortgage business dropping? guaranteed rate ordered to pay $25M to Mount Olympus Mortgage for data theft.

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VALUABLE INFORMATION SECURITY LESSONS FROM THE OLYMPUS MORTGAGE VS. GUARANTEED RATE CASE April 11, 2016 Late last month a jury awarded Mount Olympus mortgage company (momc) more than $25 million for their claims against Guaranteed Rate (Guaranteed), which alleged Guaranteed along with other former

A California state jury on Tuesday awarded $25.1 million in damages to Mount Olympus Mortgage Co., finding rival mortgage lender Guaranteed Rate Inc. liable for illegally transferring hundreds of.

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There’s a follow-up to an insider theft case previously noted on this site.. Y. Peter Kang reports: A California state jury on Tuesday awarded $25.1 million in damages to Mount Olympus Mortgage Co., finding rival mortgage lender Guaranteed Rate Inc. liable for illegally transferring hundreds of private consumer loan files from MOMCo’s computer systems, according to plaintiff’s attorneys.

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 · Valuable Information Security Lessons from the Olympus Mortgage vs. Guaranteed Rate Case.. In response to these charges the jury ordered Guaranteed to pay more than $25 million in damages to MOMC.