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Consumer Protection Laws › Enforcement Actions › Mortgage Servicers

Orrick, Herrington & Sutcliffe LLP

Massachusetts attorney general secures $2M settlement with loan servicer over consumer protection violations

Orrick, Herrington & Sutcliffe LLP on

On August 7, the Massachusetts attorney general announced a $2 million settlement and an agreement for three years of compliance monitoring with a Texas-based loan servicer for alleged violations of Massachusetts’ debt...more

Orrick, Herrington & Sutcliffe LLP

CFPB terminates consent order against mortgage servicer

Orrick, Herrington & Sutcliffe LLP on

On July 1, the CFPB announced that it terminated a consent order against a mortgage servicer after finding that the company had “fulfilled several obligations,” including payment of a $2 million civil money penalty and $3...more

Hudson Cook, LLP

The State Consumer Protection Beat: State AGs Kick Off 2025 with a String of Actions and Support for the CFPB

Hudson Cook, LLP on

The first two months of 2025 were filled with numerous consumer protection actions by state AGs against vehicle dealers and players in the mortgage space, among others. ...more

White & Case LLP

Consumer financial services: The road ahead: Mortgage origination and servicing

White & Case LLP on

In 2018, the CFPB issued multiple rules, and Congress passed legislation, to clarify, revise and update the regulatory framework applicable to the home mortgage origination and servicing market....more

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