LoanDepot Sued Over Data Breach Affecting 16.6 Million People

LoanDepot Inc. failed to protect the personal information of 16.6 million people that was exposed in a January data breach, a proposed federal class action said.

Jonathan Rosa alleged that LoanDepot, a nationwide home-mortgage lender, ignored the risks of data breaches and failed to invest in sufficient privacy and security protections despite its promises to consumers that it would do so.

Information exposed in the incident likely included names, addresses, phone numbers, Social Security numbers, mailing addresses, property addresses, email addresses, account user names and passwords, loan-account information, bank-account information, credit-card numbers, and information about income and assets, according to ...