Mortgage company Bayview settles for $20M with state financial regulators, including Ohio, over data breach

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Mortgage company Bayview settles for $20M with state financial regulators, including Ohio, over data breach
Ohio-Politics,Columbus-News

Bayview Asset Management LLC and its subsidiaries are the nation’s largest nonbank mortgage company.

COLUMBUS, Ohio - Ohio and 52 other financial regulatory agencies across the country getting a piece of a $20 million settlement from the nation’s largest nonbank mortgage company after a data breach affected 5.8 million customers, including 138,000 Ohioans, according to the Ohio Division of Financial Institutions.

As a result of the October 2021 breach, the company had provided consumer notifications and support services, including free consumer credit and identity theft monitoring.

 

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