Data

Millions of mortgage and loan documents leak their way online

  • A massive leak of loan and mortgage data was discovered.
  • Tens of thousands of US borrowers have had their information exposed.
close

Email a Friend

Millions of mortgage and loan documents leak their way online

Millions of mortgage and loan documents with sensitive financial data on tens of thousands of individuals were found exposed on a server without a password.

The trove included 24 million financial and banking documents, representing tens of thousands of loans and mortgages from some of the biggest banks in the U.S.

What happened: TechCrunch traced the source of the data to a password-less server in Texas that belonged to data and analytics company, Ascension (which promptly blamed a vendor).

The unprotected server had more than a decade’s worth of data, including loan and mortgage agreements, repayment schedules and financial and tax documents.

What leaked: One of the services Ascension offers is the conversion of paper documents and handwritten notes into computer-readable files, known as OCR. The documents were in OCR format and were hard, but not impossible, to read. Personally-identifiable information like names, addresses and Social Security numbers were exposed.

A researcher found similar data exposed on an AWS server.

Ascension’s parent company is Rocktop Partners, which owns more than 46,000 loans worth $4.4 billion.

0 comments on “Millions of mortgage and loan documents leak their way online”

Data, Library, Sponsored

WTF is Modern Connectivity?

  • The financial industry is leaving behind legacy methods like screen scraping and looking to direct connections that are safer, faster, and more reliable.
  • Download the new WTF Guide by Tearsheet and MX all about Modern Connectivity.
MX | October 11, 2021
Data, Sponsored

Fighting fraud by better understanding financial data

  • With the rise of open banking, the security of financial data should be top of mind.
  • MX breaks down three keys for keeping customers' data protected.
MX | September 28, 2021
Data

Joining Chase and Wells Fargo, TD Bank joins Akoya financial data network

  • TD Bank’s customers will be able to securely provide access to their banking data to fintech apps and data aggregators using Akoya
  • This data is not copied or stored and is provided in a standard output based on the Financial Data Exchange’s API standard.
Subboh Jaffery | September 20, 2021
Data, Podcasts

‘Data aggregation is used today in ways we wouldn’t have thought about five years ago’: Fiserv’s Kevin Hughes

  • Fiserv enables banks, credit unions, and fintechs to aggregate data seamlessly and securely.
  • Kevin Hughes, who manages the AllData products, talks to Tearsheet about changes in the aggregation field and where it's heading.
Fiserv | September 09, 2021
Data, Member Exclusive

‘Leveling the playing field’: Could rent reporting pave a path to greater financial inclusion?

  • Timely rent payments aren't taken into consideration by credit bureaus, missing an opportunity to score thin- or no-file people.
  • Rent reporting could turn out to be a solution.
Rivka Abramson | July 22, 2021
More Articles