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Violation Tracker Individual Record

Company: Nationstar Mortgage LLC dba Mr. Cooper
Current Parent Company: Mr. Cooper Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $500,000
Year: 2018
Date: January 30, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: mortgage abuses
Violation Description: Nationstar Mortgage agreed to pay $500,000 restitution and implement a loan modification program with millions of dollars in relief in settlement of allegations it failed to make the good faith efforts to avoid foreclosure as required under Massachusetts law.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
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)
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.