“In 10 states, our purchases already equal or exceed amounts in those geographies in each of 2018 and 2019,” Redwood said of its acquisitions of jumbos in 2021. “Loan purchases in these 10 states represent almost 30% of our year-to-date 2021 volume.”
Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.