Mr. Cooper Settles $90M Lawsuit Over Illegal Foreclosures

HousingWire, Dec. 7, 2020–Alex Roha
Mr. Cooper, the nation’s largest nonbank servicer of mortgage loans, will refund customers nearly $90 million and pay a civil penalty of more than $6.5 million to settle a lawsuit claiming it violated the rights of over 115,000 customers, some of whom it had illegally foreclosed on.