In Rich Swerbinsky’s role with The Mortgage Colaborative, he serves as the full time, point person to execute on TMC’s business strategy related to member recruitment, member support and strategic alliances. Swerbinsky also manages the day-to-day business dealings and third-party business relationships of the network.
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.