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.
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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.

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