First American makes progress on restoring systems from pre-Christmas cyberattack

Title insurance giant First American Financial reported progress on restoring its systems from a pre-Christmas cybersecurity incident.First American has fallen victim to data theft after a perpetrator exfiltrated data and encrypted data on certain non-production systems in late December. “First Amer
Read MoreRocket Companies hires former Airbnb, Coca-Cola executive as its first-ever CMO

Detroit-based Rocket Companies, parent of Rocket Mortgage, has named Jonathan Mildenhall to its newly created chief marketing officer position, responsible for the marketing and communications teams for all the company’s brands.Mildenhall will create and unify a “compelling voice for all businesses
Read MoreTapping home equity in retirement has advantages and pitfalls: Harvard researcher

Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs.This is
Read MoreMortgage rates sit still in the first week of 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28, according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixe
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