Consent Order and Civil Money Penalties Issued Against Nationstar Mortgage LLC.

On December 7, 2020, the Commissioner of the North Dakota Department of Financial Institutions joined other state and federal agencies in issuing a settlement agreement and consent order against Nationstar Mortgage LLC, d/b/a Mr. Cooper.  As part of the consent order, Nationstar will pay consumers nearly $90 million to resolve past actions, and will also pay in excess of $6.5 million in civil money penalties.  A summary of this consent order can be found here.  The settlement agreement and consent order can be found here.