Home Loan Trading Platform MAXEX Exposes Mortgage Documentation

Home Loan Trading Platform MAXEX Exposes Mortgage Documentation

Finance & Banking , Fraud Management & Cybercrime , Fraud Risk Management

Atlanta-Based MAXEX Left Software Development Platform Open Jeremy Kirk (jeremy_kirk) • October 21, 2020     Loan trading platform MAXEX leaked documents submitted as part of mortgage applications, including this academic transcript.

There are few transactions that require more personal data than buying a home, which makes it imperative that all parties involved in each of the many steps in the process secure the data.

See Also: Webinar | Fortify, Comply and Simplify Sensitive Data Security and Privacy Using a File Centric, Protect First Approach

But after a home is purchased, the risks to personal data aren't necessarily over. A data exposure by MAXEX, an Atlanta-based residential mortgage trading company, underscores the opaque transfer of personal data and the risks that come with it - even years later.

"This has been a very stressful time, and we have spent hours contacting the credit agencies, closing accounts and changing passwords. I really hope no one else has to go through this nightmare." 

MAXEX exposed 9GB of its internal data, much of which deals with software development for its loan-trading platform. But the data also included confidential banking documents, system login credentials, emails, the company's data breach incident response policy and even reports from penetration tests done several years ago. Plus, the company leaked complete mortg ..