Nation’s Largest Non-bank Mortgage Servicer Faces $73 Million Settlement

The Consumer Financial Protection Bureau (CFPB) today announced a settlement with Nationstar Mortgage, LLC in the amount of $73 million to recover for 40,000 consumers harmed by unfair and deceptive practices of the company.

Here’s more from the CFPB:

“Mortgage servicers are entrusted with handling significant financial transactions for millions of Americans, including struggling homeowners. Nationstar broke that trust by engaging in unfair and deceptive practices prohibited by the…