Shub & Johns LLC is currently investigating loanDepot, Inc. for an apparent failure to safeguard sensitive consumer information in a data breach that was detected on or around January 8, 2024. LoanDepot, a California-based nonbank holding company managing mortgage lending products, discovered that an unauthorized actor gained access to client data within loanDepot’s systems.

The company issued a notice to customers via its website, and aims to notify of impacted individuals after its internal investigation is complete – it is not clear if consumers have received a notice letter just yet. It is reported that approximately 16 million loanDepot clients have been impacted by the breach. Consumer information exposed in the breach may vary but can include names, Social Security numbers, and financial information.

The cybercriminals responsible for the breach may have already obtained and sold the compromised consumer information. In previous data breaches, victims of data theft have noticed identity theft attempts ranging from fraudulent charges on bank accounts or credit cards, medical and/or government services ordered in their name, or their information being posted on the dark web.

Affected by the loanDepot Data Breach

Have you recently received a data breach notification from loanDepot? If so, we would like to hear from you.  Please complete the contact form on this page or contact us at 610-477-8380 or info@shublawyers.com.