U.S. Trustee Program Reaches Agreements with Three Mortgage Servicers Providing More than $74 Million in Remediation to Homeowners in Bankruptcy

December 08, 2020

The U.S. Justice Department announced settlements with Mr. Cooper, U.S. Bank, and PNC Bank for failing to comply with federal bankruptcy procedures, which affected a total of 76,000 accounts beginning in 2011, resulting in payment application errors; inaccurate, missing, and untimely bankruptcy filings; and/or delayed escrow statements.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub