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May

25
2023
Trends

Mortgage demand drops again as rates cross back over 7%

The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest level since early March. Rates have been rising on a combination of concerns among investors. First, uncertainty over what the Federal Reserve will do with interest rates, given a still strong economy; second, the battle over raising the debt ceiling and the possibility of a U.S. default.

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May

25
2023
Industry News

Sentara Healthcare Patient Data Leaked as a Result of a Data Breach at Credit Control Corporation

On May 13, 2023, Sentara Healthcare posted a “Data Incident Notice” on its website after learning that a data breach at R&B Corporation of Virginia, which does business under the name Credit Control Corporation, compromised confidential information belonging to Sentara patients. Based on an official filing from Credit Control Corporation (“CCC”), the incident resulted in an unauthorized party gaining access to patients’ names, addresses, Social Security numbers, account numbers, account balances, and dates of service.

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May

24
2023
Industry News

Tennessee Information Protection Act Is Signed Into Law

The Tennessee Information Protection Act (TIPA) passed unanimously through both houses of the Tennessee legislature and was signed by Governor Bill Lee on May 11, 2023

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May

24
2023
Industry News

Apria Healthcare LLC Data Breach Affects Over 1.8 Million Patients

On May 22, 2023, Apria Healthcare LLC filed a notice of data breach with the Maine Attorney General after learning that an unauthorized party accessed files on the company’s computer network containing confidential patient information.

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May

24
2023
Industry News

Citizens Financial Group Comments on CFPB Settlement

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. [NYSE: CFG] today announced a settlement with the Consumer Financial Protection Bureau resolving a complaint related to certain billing errors and related issues that impacted a very small subset of Citizens’ credit card customers nearly eight years ago.

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