Are you facing foreclosure from Mr. Cooper Home Loans formerly Nationstar Mortgage?
Today, Mr. Cooper or Nationstar Mortgage LLC is a nationwide non-bank mortgage lender headquartered in Coppell, Texas. The company is a wholly owned subsidiary of Nationstar Mortgage Holdings Inc. With nearly 3 million customers, Nationstar Mortgage Holdings is a major participant in the mortgage servicing and origination markets. The company and its subsidiaries earn fees through servicing, origination, and other real estate-based services.
According to 2014 data, Nationstar was the ninth-largest HMDA reporter by total mortgage originations, the sixth largest by applications received, and the 13th largest by money lent. From 2010 to 2014, Nationstar’s number of HMDA mortgage loans increased by nearly 900 percent.
Foreclosure Help
In March of 2017, the Consumer Financial Protection Bureau (CFPB) ordered Nationstar Mortgage LLC to pay a $1.75 million civil penalty for violating the Home Mortgage Disclosure Act (HMDA) by consistently failing to report accurate data about mortgage transactions for 2012 through 2014.
There can be many issues with a foreclosure notice from Mr. Cooper or Nationstar Mortgage LLC.
Learning how-to spot Truth in Lending Act (TILA) violations is the key to rescind and cancel mortgage deeds permanently for fraudulent disclosures…
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