First American, a prominent player in the mortgage industry, experienced a significant setback recently as sources revealed that the company fell victim to a cyberattack. The hacking incident occurred on Wednesday, paralyzing several of the organization’s systems and crippling its operations. As a result, agents and lenders faced challenges in successfully completing closings, with reports of a number of delays surfacing on Thursday.
Key points:
– First American, a major player in the mortgage industry, suffered a cyberattack on Wednesday.
– The hacking incident caused disruptions to the company’s systems and operations.
– Agents and lenders witnessed delays in completing closings as a consequence of the attack.
You can read this full article at: https://www.housingwire.com/articles/first-american-is-the-latest-cybersecurity-attack-victim/(subscription required)
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