New American Funding, LLC, along with its partner Figure Lending, LLC, recently filed a report with the Washington Attorney General on February 27, 2026, regarding a data security incident. This filing indicates that sensitive customer information may have been compromised during an unspecified security event.
The exposed data types identified in the incident include Full Name, Social Security Number, Financial Account Number, Date of Birth, Routing Number, Credit Score Information, Home Address, and Loan and Mortgage Application Details. Such information is highly valuable to cybercriminals and can be used for various forms of fraud and identity theft.
For those who received a data breach notification letter, the primary concern is the potential for long-term financial and personal harm. The compromise of core identity and financial records, particularly those related to loan applications, can lead to identity theft, fraudulent financial activity, and unauthorized access to existing accounts.
If you received a notification letter, it is crucial to carefully read it to understand what specific information of yours was impacted. We advise monitoring your financial accounts and credit reports for any suspicious activity. You may also consider placing a fraud alert or credit freeze with major credit bureaus as a precautionary measure.
Given the nature of the exposed data and the reporting by a financial institution, there are questions about whether adequate cybersecurity measures were in place to protect this sensitive information. An ongoing investigation is monitoring this incident to determine accountability.
Receiving a formal data breach notification letter means you have legal standing to explore your options. You do not necessarily need to prove financial loss to seek legal redress. If you received a letter from New American Funding or Figure Lending, you may be eligible to participate in a class action lawsuit. You can learn more about your rights and potential next steps through a free case review.