Nationstar Mortgage could be facing additional penalties for violating regulation laws


Nationstar Mortgage (NYSE: NSM) may be facing additional penalties for alleged violations of the Real Estate Settlement Act.

As reported by National Mortgage News, the parent company of Mr. Cooper said in filings with the U.S. Securities and Exchange Commission that action could be taken based on “alleged violations of the Real Estate Settlement Procedures Act, the Consumer Financial Protection Act and the Homeowners Protection Act.”

RESPA oversees costs and fees accrued by consumers in real…

Previous LendingTree to acquire Florida-based firm in $20M-plus deal
Next Aspen family looking to buy historic Glenwood Springs hotel

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *