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Consumer Law

: Caveat Emptor

Wait, now mortgage lenders are stealing identities?

By Sam Glover

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It’s bad enough that identity thieves are now resorting to brick-and-mortar thievery, according to the Red Tape Chronicles, now mortgage lenders are stealing personal financial information, too. Apparently, some former LendingTree employees helped some unnamed mortgage lenders to hack into the LendingTree system and steal information for LendingTree customers from 2006 to early 2008.

LendingTree notified all the consumers affected, and has beefed up its security, but is not offering credit monitoring or any other consolatory compensation to those affected.

Full post as published by Caveat Emptor on April 22, 2008 (boomark / email).

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