Nationstar Mortgage Holdings Inc. has been warned by a federal regulator that regulatory actions could be taken against it over possible violations of the Real Estate Settlement Procedures Act.
A notification was sent on April 24 by the Consumer Financial Protection Bureau indicating that its office of enforcement is considering whether to recommend an enforcement action against Nationstar.
Potential violations of RESPA, the Consumer Financial Protection Act and the Homeowners Protection Act were uncovered by a CFPB examination in 2014.
Source: Mortgage Daily
