The Bureaus and States proposed judgments and orders, if entered by the court, will yield nearly $85 million in recoveries for consumers to date and over $6 million more in fees and penalties. It was our first home and we just decided to stay so everything familiar was really gone now since I sold my house I feel lost I just want to go home. 3 Nationstar filed a mortgage foreclosure action against defendants on August 5, 2016, alleging that they defaulted on their mortgage and accelerated the full principal amount of the loan as due and payable. The Settlement was given Final Approval on May 3, 2019 by Hon. We tried to make the last loan modification payment by phone and the employee there told my husband he was a fraud and hung up on him. I have proof of my bank statement that this was accepted on October 2, 2021 and also the statement from Mr. Cooper who subsequently applied the trial payment amount and added to money that was in a suspended account to make a mortgage payment for October. Nationstar Mortgage, LLC UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WASHINGTON UPDATE: In March 2019 the Parties reached an agreement to settle the matter. I hope Nationstar Mtg/Mr Cooper bank who ever they are business closes forever. According to the complaint filed by the CFPB, Nationstar Mortgage also known as Mr. Cooper engaged in alleged misconduct and abusive mortgage servicing practices spanning from 2012 to 2015 in violation of the Consumer Financial Protection Act of 2010. Save my name, email, and website in this browser for the next time I comment. So I started the bankruptcy proces. It has left me in a deep state of depression. on my property when this started, now with all their fees they have it up to 149,000 + whatever they want to add on. The proposed judgment and order, which the court entered on December 8, 2020, requires Nationstar to pay approximately $73 million in redress to more than 40,000 harmed borrowers. Arizona will receive more than $1.4 million in relief. It also requires Nationstar to pay a $1.5 million civil penalty to the Bureau. Please add meI am the estate for my deceased parents home. Had I not been a position to help her she would be homeless. 8. Nationstar agreed not to oppose class counsel's fee request up to $1,300,000. By now you are very tired of me asking why. Read the complaint filed by the Consumer Financial Protection Bureau, which mirrors the complaints filed by all the State Attorney Generals. The mortgage agreement required compliance with all applicable state and federal laws. The consent judgment resolves allegations that Nationstar, which does business as "Mr. Cooper," violated consumer protection laws during its servicing of mortgage loans. Cash Made. Attorneys general from all 50 states and the District of Columbia and bank regulators from 53 jurisdictions covering 48 states and Puerto Rico, the Virgin Islands, and the District of Columbia have also settled with Nationstar today and their settlements are reflected in separate actions, concurrently filed in the United States District Court for the District of Columbia. filed a Class Action Complaint against Nationstar Mortgage LLC ("Nationstar") and Solutionstar on behalf of Plaintiffs and all other similarly situated homeowners whose residential mortgage loans are serviced by Nationstar. Theyve refused my my payments consistently. The Honest and Unvarnished Truth. NATIONSTAR MORTGAGE LLC V. LEGACY ESTATES PROPERTY OWNERS, ET AL, No I have been fighting these people for 6 years. I want all of them (Mr Cooper) from the CCO down to the roaches out of a job permanently. NATIONSTAR MORTGAGE LLC v | No. 20-17114. | 20230301123 | Leagle.com It also requires Nationstar to pay a $1.5 million civil penalty to the Bureau. For information on deleting the cookies, please consult your browsers help function. Nationstar is one of the nations largest mortgage servicers and the largest non-bank mortgage servicer in the United States. Lessons Learned. I need to be added to this Class Action lawsuit. The proposed judgment and order, if entered by the court, would require Nationstar to pay approximately $73 million in redress to more than 40,000 harmed borrowers. I refinanced my house with them and now I owe double the amount when I first got the loan after I been making payments for seventeen years. I also would like to know how to join this lawsuit! They took advantage knowing a pandemic was coming. 2 Case: 15-11383 Date Filed: 04/28/2016 Page: 3 of 3 . v. Nationstar Mortgage LLC, Case No. I only owed $100,000. I also have a Mortgage through MR Cooper( Nationstar) they have made our lives a living HELL. Your email address will not be published. The proposed judgment and order, if entered by the court, would require Nationstar to pay approximately $73 million in redress to more than 40,000 harmed borrowers. Mr. Cooper has been abusing the power they have over my widowed partner who lost her husband in a hunting accident 5 years ago, has Parkinsons Disease, and was left with a bankruptcy to settle and a 170K lone on a Cooper mortgage at 8.5%. In its complaint, filed in federal district court in the District of Columbia, the Bureau alleges that Nationstar engaged in unfair and deceptive acts and practices in violation of the Consumer Financial Protection Act of 2010, violated the Real Estate Settlement Procedures Act (RESPA), and violated the Homeowners Protection Act of 1998 (HPA). 51 attorneys general reach $86.3M settlement with mortgage servicer Providing credit unions with the best federal advocacy, education and compliance assistance in the industry. Basically, if you have a choice then dont use Mr. Cooper (Nationstar). Nationstar Mortgage agreed to settle an action commenced by the Consumer Financial Protection Bureau for $91 million to resolve allegations surrounding mortgage servicing misconduct and deceptive practices that resulted in financial harm to borrowers. Mortgage servicers are entrusted with handling significant financial transactions for millions of Americans, including struggling homeowners. Appeals court revives class-action suit against Nationstar for Mortgage servicers are entrusted with handling significant financial transactions for millions of Americans, including struggling homeowners. The trial court entered summary judgment in favor of the Defendant on most claims, and 21. Case Overview. WASHINGTON, D.C. Today the Consumer Financial Protection Bureau (Bureau) filed a complaint and proposed stipulated judgment and order against Nationstar Mortgage, LLC, which does business as Mr. Cooper (Nationstar). Complaint (eFiled) - FORECLOSURE COMPLAINTParty: Plaintiff Nationstar You and Jay are the best attorneys I have ever had or needed and thank God for the Honorable Robert Gottsfield in recommending you folks I would have never made it through the entire process without you and Jay and God Bless you both always and stay in touch as well. Consiquently we lost our home. -----x . This field is for validation purposes and should be left unchanged. In February 2016, Keller Rohrback L.L.P. 7-8. Thomas O. For more information, visit www.consumerfinance.gov. Read the complaint filed by the Consumer Financial Protection Bureau, which mirrors the complaints filed by all the State Attorney Generals. I have more that I can send in and prove. 1601-1667f . Nationstar - Mr. Cooper Mortgage Customers Need to Read This NATIONSTAR MORTGAGE LLC V. LEGACY ESTATES PROPERTY OWNERS, ET AL, No. 7. Nationstar allegedly foreclosed on borrowers to whom it had promised it would not foreclose while their loss mitigation applications were pending. They said I was deemed as the 100% successor on a date that was previous to the August date that I had gotten the probate papers showing that I was 100% successor, which obviously was a lie because that was before the time I actually did receive the papers showing I was 100% successor in interest in August. I have proof of the many, many underhanded things and lies told by Mr. Cooper. Then I spent 13 months 3 days a week attepthing aloan modification That was turned downed to one piece of paper After several thousands of dollars I have a great law firm in SC Demott Law Firm.. 9 The Bureau alleges that Nationstar violated multiple Federal consumer financial laws, causing substantial harm to the borrowers whose mortgage loans it serviced, including distressed homeowners. Illinois Department of Financial and Professional Regulation Secretary Deborah Hagan stated in a CFPB press release, This settlement demonstrates the crucial role of state financial services regulators in ensuring that homeowners are protected as they obtain and pay down their mortgagesespecially homeowners who may be struggling with making their payments., In a statement concerning the settlement, Jay Bray, president and CEO of Nationstar Mortgage remarked, We are pleased to resolve this matter. servicing, llc, and nationstar . I cant deal with this anymore! WHEREAS, the States of Alabama, Alaska, Arizona, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland . The way she handled my not typical circumstances was amazing. I need an attorney in the state of Florida to sue these people! I had my house for over thirty years and they want to take it and steal all the equity out of it. settlement administrator or your attorney for any updates regarding My loan was transferred to them 3/4/19 and so far I had them fail to pay home owners insurance from escrow in July 2019 so it lapsed and I paid it myself as well as with property taxes being paid at the last minute. David joined NAFCU in September 2018. They are also part of a larger government effort, which also includes assistance from the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and the United States Trustee Program, to address Nationstars alleged unlawful mortgage loan servicing practices.