Mortgage Investors Group Data Breach Settlement, Check If You Qualify,  White v. Mortgage Investors Group, Inc., No. 25-0350-III

There’s $925,000 on the table for Mortgage Investors Group customers — if your name and financial information were exposed in the company’s December 2024 cyberattack. You can claim a flat $45 payment with no questions asked, or document losses up to $2,000 if the breach cost you more. MIG is paying to settle a lawsuit over the incident. You have until November 19, 2026, to file a claim.

Mortgage Investors Group Data Breach Settlement — Key Facts

Field	Detail
Settlement Amount	$925,000 (all-inclusive cap covering class benefits, attorneys’ fees, and administration costs together)
Claim Deadline	November 19, 2026
Who Qualifies	All individuals whose Personally Identifiable Information (PII) was implicated in the December 2024 data incident involving Mortgage Investors Group
Estimated Payout	$45 flat (no proof needed) OR up to $2,000 for documented losses — both subject to pro-rata reduction if total claims, fees, and administration costs exceed the $925,000 cap
Proof Required (Yes/No)	No for the $45 flat payment; Yes for documented losses
Settlement Status	Pending court approval; final approval hearing scheduled
Court & Case Number	Chancery Court for Davidson County, Tennessee — No. 25-0350-III
Law Alleged	UNVERIFIED — the official notice and FAQ describe the data incident but don’t name the specific causes of action pled
Administrator	Simpluris
Official Claim Site	migdatasettlement.com/form/claim
Last Updated	September 7, 2026

Who Is Mortgage Investors Group and Why Is It Being Sued Over a Data Breach?

Mortgage Investors Group, Inc. is a Knoxville, Tennessee-based residential mortgage lender that has originated home loans across the Southeast since 1989, working directly with borrowers on applications that require names, income details, and other financial information. Because underwriting a mortgage means collecting exactly that kind of sensitive financial data from thousands of applicants and homeowners, a breach of MIG’s systems put a different category of information at risk than a typical retail hack — the loan and financial account details tied to people’s biggest financial transaction. That’s the harm at the center of White v. Mortgage Investors Group, Inc.

What Did Mortgage Investors Group Do to Customer Data in the December 2024 Breach?

MIG discovered that its computer systems had been accessed without authorization in a cyberattack that occurred in December 2024. Files that were accessible during the incident may have contained each class member’s name and financial information. Wassell White sued in the Chancery Court for Davidson County, Tennessee, in the case now known as White v. Mortgage Investors Group, Inc., No. 25-0350-III.

MIG denies doing anything wrong, and the court hasn’t ruled on who’s right. Instead, the parties agreed to settle to avoid the cost, delay, and uncertainty of a trial. Settlement notices started going out to the class on August 7, 2026. MIG isn’t the only mortgage-industry name working through this in 2026, either — SitusAMC, a major mortgage and real estate finance services firm, agreed to its own SitusAMC data breach settlement after a similar cyberattack this year.

That’s a class defined by what was exposed, not by when you took out your loan — so if MIG or Simpluris sent you a notice, you’re already on the list without digging up old mortgage paperwork.

Who Qualifies for the Mortgage Investors Group Data Breach Settlement?

Here’s exactly how to know if you qualify for the Mortgage Investors Group settlement claim.

• Anyone whose Personally Identifiable Information was implicated in the December 2024 data incident involving MIG
• People who received a written or emailed notice from MIG or the settlement administrator about this incident
• Current and former MIG borrowers and loan applicants whose files were stored on the affected systems
• Anyone else named in MIG’s own records as impacted by the incident, regardless of when they applied for or closed a loan

Also excluded: MIG’s own officers and directors, government entities, the presiding judge and their family and staff, and anyone who properly excludes themselves from the settlement.

If you already got a notice, you don’t need to hunt down old loan documents — MIG’s own records already placed you on the class list.

Mortgage Investors Group Borrowers Outside Tennessee — Are You Still Covered?

Yes. The Settlement Class is defined by whose PII was implicated in the incident, not by state of residence — MIG lends across nine Southeastern states, and the class definition itself names no residency requirement. If you received notice, your state doesn’t change your eligibility.

Not sure if you qualify for the Mortgage Investors Group data breach settlement? A free consultation with a data privacy attorney can help before the November 19, 2026 deadline.

How Much Can Mortgage Investors Group Data Breach Settlement Class Members Get?

There’s no single number here — MIG is offering a few different benefits, and what you get depends on which one you choose.

Every class member can enroll in one year of credit monitoring through CyEx Financial Shield Complete, which comes with $1 million in financial fraud insurance and covers unauthorized transactions and high-risk activity on your accounts. On top of that, you can pick one cash option: a flat $45 payment with no proof required, or reimbursement for documented out-of-pocket losses up to $2,000, as long as they happened between December 12, 2024, and November 19, 2026, and you back them up with receipts or statements.

Here’s the structural detail most coverage of this case will skip. Unlike many data breach settlements — including the FinWise Bank data breach settlement from earlier this year — MIG’s $925,000 isn’t split into separate buckets for fees and class payments. It’s one shared cap. Class Counsel’s requested $270,000 in attorneys’ fees and the $2,500 service award for Wassell White both come out of that same $925,000, alongside administration costs and every class member’s cash payment. If the combined total of fees, costs, and claims goes over $925,000, everyone’s payment gets reduced pro rata until it fits.

What the Shared Cap Means for Your Mortgage Investors Group Payment

Because fees, administration costs, and class payments all draw from the same $925,000, a larger fee award or a bigger administration bill leaves less for everyone else’s checks — and the same is true in reverse. If the court approves the full $270,000 in fees and the $2,500 service award, at most $652,500 remains for administration costs and every class member’s payment combined.

Payments won’t go out until after the November 10, 2026 final approval hearing, and only after any appeals are resolved. Payments over $600 may appear on a 1099. Check with a tax professional.

That $45 is yours whether or not you were actually harmed. Skip the claim form, and you get nothing.

How to File Your Mortgage Investors Group Data Breach Settlement Claim — Step by Step

1. Go to migdatasettlement.com/form/claim, the official online claim portal run by Simpluris
2. Enter your name and contact information as it appears on your settlement notice
3. Choose your cash option — the no-proof $45 payment or documented losses up to $2,000
4. Upload supporting documentation if you’re claiming documented losses — receipts, bank statements, or similar proof
5. Separately enroll in the one year of free credit monitoring through CyEx Financial Shield Complete
6. Submit and save your confirmation

Takes about 5 to 10 minutes. You have until November 19, 2026.

Should Mortgage Investors Group Class Members Opt Out or Object Before October 20, 2026?

What Opting Out of the Mortgage Investors Group Settlement Actually Means

Opting out means you give up any Settlement Payment and the credit monitoring, but you keep the right to sue MIG on your own over this data incident. Most people shouldn’t opt out without talking to a lawyer first — a $45 or $2,000 claim is easy money next to the cost of a solo lawsuit. The opt-out deadline is October 20, 2026, and your request must be personally signed and mailed — it can’t come from an attorney or anyone acting on your behalf.

How to Object to the Mortgage Investors Group Settlement

Objecting means you stay in the class and can still get a payment — you’re just telling the court you think part of the deal is unfair. You can’t object if you’ve already opted out. Written objections must include the case name and number, your contact information, a clear description of your reasons with any supporting documents, and your signature, and must be filed with the Clerk of the Chancery Court for Davidson County (1 Public Square, #308, Nashville, TN 37201), with copies sent to the Settlement Administrator and both sides’ counsel, postmarked by October 20, 2026.

Talk to a class action lawsuit attorney before October 20, 2026 if you’re considering either option.

Mortgage Investors Group Data Breach Settlement — Key Dates, 2026

Milestone	Date
Settlement Proposed	UNVERIFIED — exact preliminary approval order date not stated in available source documents
Claims Period Opens (Notification Mailing)	August 7, 2026
Claim Filing Deadline	November 19, 2026
Opt-Out Deadline	October 20, 2026
Objection Deadline	October 20, 2026
Final Approval Hearing	November 10, 2026, 11:00 a.m. Central, Courtroom 407, Chancery Court, Nashville, TN
Expected Payment Date	UNVERIFIED — payments begin after final approval and resolution of any appeals; no fixed date set

Mortgage Investors Group Data Breach — Frequently Asked Questions, No. 25-0350-III

Do I need a lawyer to file a Mortgage Investors Group data breach settlement claim?

 No. Class Counsel — attorneys from Stranch, Jennings & Garvey, PLLC; CohenMalad, LLP; and Strauss Borrelli PLLC — already represent the class at no cost to you. You can hire your own attorney at your own expense, but it isn’t required to get paid.

Is the Mortgage Investors Group data breach settlement legitimate? 

Yes. It’s overseen by the Chancery Court for Davidson County, Tennessee, in White v. Mortgage Investors Group, Inc., No. 25-0350-III, and administered by Simpluris. A final approval hearing is scheduled for November 10, 2026.

When will Mortgage Investors Group settlement payments be sent?

 Not before the November 10, 2026 final approval hearing, and only after any appeals are resolved. No fixed payment date has been set yet.

What if I missed the Mortgage Investors Group claim deadline?

 If your claim isn’t submitted or postmarked by November 19, 2026, you won’t receive a cash payment — but you’ll still be bound by the settlement’s release of claims unless you opted out by October 20, 2026.

Will my Mortgage Investors Group settlement payment go on a 1099?

 Possibly, for payments over $600. Neither MIG, Class Counsel, nor the Settlement Administrator will advise you on your specific tax situation — check with your own tax professional.

What information was exposed in the Mortgage Investors Group data incident? 

Files accessible during the December 2024 incident may have included your name and financial information, according to the official notice.

Does the $925,000 Mortgage Investors Group settlement fund cover attorneys’ fees too?

 Yes — and that’s unusual. Class Counsel’s requested $270,000 in fees and the $2,500 service award both come out of the same $925,000 cap that covers class cash payments and administration costs, rather than being paid separately by MIG.

Can I still sue Mortgage Investors Group on my own over this data breach? 

Only if you excluded yourself from the Settlement Class by October 20, 2026. Filing a claim or doing nothing both release your right to sue MIG over the issues this settlement resolves.

Sources Used in This Mortgage Investors Group Data Breach Article

• Official Settlement Website (Home) — Simpluris, 2026: https://migdatasettlement.com/
• Official FAQ Page — Simpluris, 2026: https://migdatasettlement.com/faq/
• Official Important Dates Page — Simpluris, 2026: https://migdatasettlement.com/dates/
• Official Claim Form Portal — Simpluris, 2026: https://migdatasettlement.com/form/claim

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. All facts verified against the official settlement website, FAQ page, and important dates page maintained by Simpluris, as of September 7, 2026. Last Updated: September 7, 2026.

This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.