May 21, 2024
Mortgage

Mortgage brokers sent credit, address, veteran status to Facebook

This article is copublished withThe Markup, a nonprofit, investigative newsroom that challenges technology to serve the public good. When someone applies for a mortgage, they trust a home loan lender or mortgage broker with some of the most sensitive information they have: information about their credit, their home, and the personal details of their lives.

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Finance

Amid FAFSA crisis, Federal Student Aid chief Richard Cordray steps down

The top Biden official overseeing federal college financial aid has resigned, the Education Department said Friday, capping off a year of turmoil for students and universities.  Richard Cordray, the chief operating officer for Federal Student Aid, will step down at the end of June, officials said. The former head of the Consumer Financial Protection Bureau,

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Crypto

Nebraska man stole over $3.5M in cloud service to mine crypto: Feds

A Nebraska man operated a large-scale “cryptojacking” scheme that defrauded cloud computing service providers out of more than $3.5 million worth of services, the U.S. Attorney’s Office said Monday. Charles O. Parks III, 45, also known as “CP3O,” has been charged with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with

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