Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Nationstar Mortgage, LLC
Current Parent Company: Mr. Cooper Group
Penalty: $76,000,000
Year: 2015
Date: November 10, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Mega-Scandal: Mortgage Abuses
Violation Description: Nationstar agreed to a settlement estimated at $76 million to resolve allegations it colluded with insurance companies in compelling mortgage borrowers to purchase overpriced hazard insurance.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:14cv20726
Case Name: Braynen v. Nationstar Mortgage, LLC et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.