Violation Tracker Individual Record

Company: 
Nationstar Mortgage LLC
Current Parent Company: 
Mr. Cooper Group
Penalty: 
$105,000
Year: 
2008
Date: 
January 8, 2008
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

Nationstar agreed to pay $105,000 in support of the Nationwide Mortgage Licensing System in settlement of allegations it violated several mortgage regulations, including using unregistered loan officers, making an unregistered company name change, and failing to maintain required records.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Kentucky Department of Financial Institutions
Civil or Criminal Case: 
civil
Facility State: 
Kentucky
HQ Country of Parent: 
USA
HQ State of Parent: 
Texas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.