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Cash-out Refinance Mortgages | What is a cash-out refinance mortgage? Daily Digest – October 6. Data breach problem grows Worse; Mortgage Servicer Loses Lawsuit, Collection Agencies Fined in N.C. – AccountsRecovery.net Last winter, following a well-publicized data breach, a group of financial institutions sued target, arguing that Target.

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This appears to be a case of The friday afternoon fraud that we have previously blogged about. According to a Housing Wire post American Pacific Mortgage (APM) is suing its insurer Aspen Specialty (Aspen) for a fraudulent wire transfer that occurred in 2015. According to APM a hacker impersonating the mortgage company’s former CEO managed to get APM to wire transfer $75,000 to a fictional.

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