January 30, 2018 / 10:15 PM / 5 months ago

Nationstar settles with Massachusetts over mortgage servicing practices

Nationstar Mortgage has agreed to provide millions of dollars in mortgage relief to Massachusetts borrowers to resolve allegations that it violated a state law requiring it to help homeowners avoid foreclosure, state Attorney General Maura Healey said on Tuesday.

The settlement resolves claims that Nationstar, the country’s largest non-bank mortgage servicer, violated the 2012 Massachusetts law by failing to make a good faith effort to put borrowers into more affordable home loans, Healey said in a statement.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2BEwKFQ

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