Mr. Cooper Mortgage Servicer Investigated for Wrongful Withdrawals
May 3, 2021
The Consumer Financial Protection Bureau (CFPB) announced that it is responding to complaints of unauthorized withdrawals made by a mortgage servicer, Mr. Cooper. Mr. Cooper used to call themselves Nationstar. According to the CFPB, unauthorized duplicate-payment drafts by Mr. Cooper appear to have resulted in hundreds of thousands of consumers' bank accounts being debited for multiples of their mortgage payments. Affected consumers have reported being charged overdraft fees and likely suffered additional harm as a result of these unauthorized withdrawals. For many homeowners, the monthly mortgage payment is a significant. If Mr. Cooper has wrongfully withdrawn funds from your bank to pay your mortgage please contact our law firm Humphreys Wallace Humphreys P.C if you have been harmed.