Thursday, March 24, 2016

Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

A California jury ordered Guaranteed Rate to pay more than $25 million in damages to a fellow mortgage lender, Mount Olympus Mortgage Company, stemming from accusations that a former employee of Mount Olympus Mortgage stole client information and loan files and took them with him when he went to work at Guaranteed Rate.

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