Audio: Missouri Attorney General announces settlement with mortgage servicer Nationstar

Missouri Attorney General Eric Schmitt

Missouri’s Attorney General and 50 other attorneys general have reached an 86-million dollar settlement with the nation’s fourth-largest mortgage servicer.

 

 

Schmitt says the consent judgment resolves allegations that Nationstar violated consumer protection laws during its servicing of mortgage loans. Schmitt says the agreement will provide 850-thousand dollars in relief, for more than 800 Missouri consumers.