Mortgage Servicing

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Nationstar (aka Mr. Cooper) reaches $9.2m mortgage servicing settlement with California 

Dec 04, 2017By

Last month, Nationstar Mortgage, the nonbank also known as Mr. Cooper, disclosed that it was facing a regulatory issue with the California Department of Business Oversight and in the process of negotiating a settlement. At the time, the company did not disclose what issues led to the potential settlement, but on Monday, the other shoe dropped.

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