Violation Tracker Individual Record

Company: 
Nationstar Mortgage LLC dba Mr. Cooper
Current Parent Company: 
Mr. Cooper Group
Penalty: 
$500,000
Year: 
2018
Date: 
January 30, 2018
Offense Group: 
financial 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 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.