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NSM - Nationstar Mortgage Holdings Inc News Story

$18.27 0.0  0.0%

Last Trade - 30/07/18

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.35bn
Position in Universe th / 7008

Nationstar Mortgage to pay $1.7 mln over loan reporting flaws -CFPB

Wed 15th March, 2017 4:22pm
WASHINGTON, March 15 (Reuters) - The Consumer Financial 
Protection Bureau said on Wednesday it has ordered Nationstar 
Mortgage LLC to pay a $1.7 million civil penalty for violating 
the Home Mortgage Disclosure Act by failing to report accurate 
data on its loan transactions. 
    The CFPB said the penalty for Nationstar, a unit of 
Nationstar Mortgage Holdings, was the largest to date over 
violations of the act. The CFPB said Nationstar consistently 
failed to report accurate data about its mortgage transactions 
between 2012 and 2014. 
 (Reporting by David Alexander) 
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