A Swath of Data Was Hacked from a Leading Real Estate Banking Services Company
Mood
controversial
Sentiment
negative
Category
news
Key topics
Data_breach
Cybersecurity
Banking_security
Real_estate
Discussion Activity
Light discussionFirst comment
2m
Peak period
1
Hour 1
Avg / period
1
Based on 1 loaded comments
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- 01Story posted
Nov 23, 2025 at 2:38 AM EST
1d ago
Step 01 - 02First comment
Nov 23, 2025 at 2:40 AM EST
2m after posting
Step 02 - 03Peak activity
1 comments in Hour 1
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Step 03 - 04Latest activity
Nov 23, 2025 at 2:40 AM EST
1d ago
Step 04
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> “If you go down the top 20 banks, if you make commercial real estate and residential loans, you probably have a relationship with Situs,” said Jon Winick, the chief executive of Clark Street Capital
And notice that the data is market-moving - someone could make a lot of money by trading on this information.
> Among the services SitusAMC offers is regulatory compliance — the boring but essential work of making sure its customers’ loans comply with a plethora of state and federal regulations.
> That means it has extensive nonpublic information on the banks’ internal workings. For instance, it could have information on the risks in lenders’ real estate holdings, said Jason E. Kuwayama, a lawyer who specializes in regulatory issues for banks.
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