Premium Mortgage Corporation Data Breach Settlement 2023, Who Is Eligible and How to File a Claim

A class action settlement against Premium Mortgage Corporation (PMC) resolves an August 2023 data breach that may have exposed the personal information of approximately 10,835 customers. The settlement received preliminary approval from the court on January 23, 2026, and covers all individuals whose personally identifiable information may have been compromised as a result of the data breach announced by PMC on or around January 10, 2024. Eligible class members can file claims for cash reimbursement and credit monitoring by April 21, 2026.

Quick Facts

Current Status and What Happens Next

The court will determine whether to grant final approval to the PMC data breach settlement following a hearing on May 14, 2026. Compensation will begin to be distributed to class members only after final approval has been granted and any appeals have been resolved.

Here is where the case stands right now:

• Preliminary approval: Granted January 23, 2026
• Claim filing period: Now open through April 21, 2026
• Final approval hearing: May 14, 2026
• Payment distribution: After final approval and resolution of any appeals

If you wish to opt out of the settlement or object to its terms, contact the settlement administrator at PMCDataLitigation.com for specific instructions and deadlines.

What the Lawsuit Alleges

After PMC discovered unusual activity on parts of its network, a subsequent investigation determined that an unauthorized third party had accessed certain business email accounts between August 24 and August 31, 2023. As a result, the names and Social Security numbers of current and former customers were compromised.

Despite the mortgage lender’s duty to protect sensitive customer information in its care, the company allegedly stored the data unencrypted and “in a reckless manner” in its computer system.

The lawsuit also says that PMC did not notify its customer base about the data breach until four months later. The lawsuit further alleges that the notice letters sent to affected individuals lacked critical details — including how cybercriminals gained access and what steps PMC planned to take to prevent future incidents.

PMC denies any wrongdoing but agreed to settle to avoid the costs and uncertainty of continued litigation.

Who Could Be Included

Individuals must meet the following criteria to be eligible: their systems were accessed between August 24, 2023, and August 31, 2023, potentially compromising their personally identifiable information, and they received a notice from Premium Mortgage Corp. on or around January 10, 2024, informing them of the breach.

For each of these individuals, the information involved may have included their name, Social Security number, payment card information, and financial account information.

The class is national in scope. PMC provides mortgage banking services in Connecticut, Florida, Massachusetts, Nebraska, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, and Vermont. Customers from any of these states who received a breach notification may qualify.

Settlement Details

Compensation Options

PMC settlement class members who file a valid, timely claim form have multiple options for reimbursement:

Ordinary Out-of-Pocket Losses — Up to $325 Class members must submit receipts, bank statements, or other documentation showing the expense and that it was not reimbursed. Examples include bank fees, postage, gas for local travel, credit repair fees, and costs to freeze or unfreeze credit and credit monitoring service costs. These expenses must have been incurred between August 23, 2023, and April 21, 2026.

Extraordinary Losses — Up to $5,000 Class members must provide proof of monetary loss from identity theft or fraud, along with evidence of reasonable efforts to recover the loss elsewhere, such as insurance claim denials. The extraordinary loss category applies when the ordinary out-of-pocket category cannot cover the loss.

Lost Time — Up to $100 PMC class members may file a claim for reimbursement of up to four hours of lost time spent responding to the data breach, at a rate of $25 per hour. Class members must submit their claim form with a brief explanation of their activities during this time.

Alternative Cash Payment — $50 In lieu of any documented losses, class members may instead file a claim for an alternative one-time cash payment of $50.

Credit Monitoring — 3 Years (Free) Three years of one-bureau credit monitoring and identity theft protection services, including at least $1 million in identity theft insurance. This benefit is available to all class members regardless of whether they claim monetary compensation.

How to File a Claim

To file a PMC data breach claim form online, class members can head to PMCDataLitigation.com and enter the notice ID and confirmation code on their copy of the settlement notice. Alternatively, class members may download a PDF of the claim form to print, fill out, and return by mail.

Mail claims to: Premium Mortgage Data Incident Claims Administrator 1650 Arch St., Suite 2210 Philadelphia, PA 19103

Phone: 1-877-269-4189 Email: [email protected]

All Premium Mortgage settlement claim forms must be submitted online or by mail by April 21, 2026.

Payment Timeline

The settlement administrator will issue payments and credit monitoring activation codes approximately 30 days after it approves the claim, or 60 days after the court resolves any appeals and grants final approval to the settlement, whichever is later.

Prior Cases and Industry Context

The PMC case follows a broader pattern of data breach lawsuits targeting mortgage lenders. A class action lawsuit filed in Utah alleges Academy Mortgage lost control of its computer network and the highly sensitive personal information of 280,000 customers on March 21, 2023, but failed to report it to customers until December 20, 2023.

A Connecticut court also gave preliminary approval to a $2.42 million settlement involving Planet Home Lending over a similar data breach, showing courts are actively resolving these cases across the mortgage industry.

Frequently Asked Questions

Is this a class action lawsuit? 

Yes. A class action was filed against Premium Mortgage Corporation on behalf of approximately 10,835 individuals whose personal information may have been exposed during an August 2023 cyberattack. The case is currently in the claim-filing phase following preliminary settlement approval.

Has the settlement been approved by a court? 

The settlement received preliminary court approval on January 23, 2026. A final approval hearing is scheduled for May 14, 2026. Payments will not be distributed until the court grants final approval and any appeals are resolved.

Who may be eligible to file a claim? 

You may be eligible if you received a written notice from Premium Mortgage Corporation around January 10, 2024, informing you that your personal information may have been exposed during the August 2023 data breach.

Is there a claim form available? 

Yes. You can file online at PMCDataLitigation.com using the notice ID and confirmation code from your settlement notice, or you can download, print, and mail a paper claim form to the settlement administrator.

What is the official settlement website?

 The court-approved settlement website is PMCDataLitigation.com. This is the only authorized source for claim forms, deadlines, and settlement updates.

What is the deadline to file a claim? 

The claim deadline is April 21, 2026. Claims must be submitted online or postmarked by mail on or before that date. Missing this deadline generally means forfeiting your right to receive compensation.

What personal information was exposed? 

The information involved may have included names, Social Security numbers, payment card information, and financial account information.

Do I need a lawyer to file a claim? 

No. You can file a claim directly through PMCDataLitigation.com at no cost. Filing is free, and you do not need an attorney to participate in the settlement.

Additional Context

Mortgage lenders hold some of the most sensitive consumer data — including Social Security numbers, income records, and banking details. Data breaches in this sector carry a heightened risk of identity theft and financial fraud. Consumers who received a PMC breach notice should continue to monitor their credit reports and financial accounts for any suspicious activity, regardless of whether they file a claim.

If you believe you were affected but did not receive a notice, contact the settlement administrator at 1-877-269-4189 to verify your eligibility status.

Last Updated: March 3, 2026

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Legal claims and outcomes depend on specific facts and applicable law. For advice regarding a particular situation, consult a qualified attorney.

About the Author

Sarah Klein, JD, is a licensed attorney and legal content strategist with over 12 years of experience across civil, criminal, family, and regulatory law. At All About Lawyer, she covers a wide range of legal topics — from high-profile lawsuits and courtroom stories to state traffic laws and everyday legal questions — all with a focus on accuracy, clarity, and public understanding.
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