Utah Department of Financial Institutions · UT
Utah Finalizes Investigation and Settlement with Mortgage Servicer Nationstar
December 8, 2020
Summary
The Utah Department of Financial Institutions finalized a settlement with Nationstar Mortgage following a multiyear investigation into servicing practices. The agreement requires restitution of $657,000 to be distributed among 556 affected Utah mortgage borrowers.
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Utah Finalizes Investigation and Settlement with Mortgage Servicer Nationstar
Salt Lake City – The State of Utah, in coordination with dozens of state and federal government partners, announced the closure of a multiyear investigation of Nationstar Mortgage LLC, d/b/a Mr. Cooper, one of the largest mortgage servicers in the nation. The closure includes a settlement for Utah consumers totaling over $657,000, with 556 Utah loans affected.
For details see the joint media statement, at this link.
Source: https://dfi.utah.gov/resources/news/
Common questions
- What does "Utah Finalizes Investigation and Settlement with Mortgage Servicer Nationstar" cover?
- The Utah Department of Financial Institutions finalized a settlement with Nationstar Mortgage following a multiyear investigation into servicing…
- Which agency issued this update?
- This update was issued by Utah Department of Financial Institutions.
- When was it published?
- It was published on December 8, 2020.
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