The data is in and reveals that Increasingly older Americans are struggling to cover their housing expenses as the cost of everyday goods and services is 20% higher than it was in 2019
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Reverse mortgage borrower information breached in cyberattack
On December 15th mortgage lending giant Mr. Cooper began notifying 14.7 individuals that their personal information was stolen in a Cyberattack that took place between October 30 and November 1. Roughly 32,000 reverse mortgage borrowers had their bank account information compromised in the incident.
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