Lakeview Loan Servicing $26M data breach settlement closes June 22, up to $5K
Got the breach notice from Lakeview back in 2022 and completely forgot about it until I saw the settlement listed on classaction.org last night. Posting in case anyone else missed the deadline reminder.
Quick rundown:
Lakeview Loan Servicing (the second largest mortgage servicer in the US) had a data breach in October 2021 that exposed Social Security numbers, loan numbers, and other personal identifiers. The class action just settled for $26 million.
If you received a breach notice from them, you qualify. Two payout options:
Up to $5,000 if you can document out-of-pocket losses (identity theft costs, credit monitoring you paid for, miscellaneous expenses, plus up to 2 hours of lost time at $20/hour).A pro rata cash payment from whatever is left of the fund. No proof required for this one.
California residents get an additional pro rata payment under the CCPA on top of either tier. Everyone in the class also gets one year of free credit monitoring included.
Filing deadline is June 22, 2026. The claim form is on the KSACMS settlement portal (the official administrator).
Mortgage servicers send so much paper that most people probably tossed the notice in 2022. Worth digging through old mail if you had a loan with them.