Business

Maryland announces settlement with Nationstar Mortgage A.K.A. Mr. Cooper

BALTIMORE, MD—The Maryland Department of Labor’s Office of the Commissioner of Financial Regulation on Monday announced that it had concluded a multi-year investigation of one of the nation’s top ten largest mortgage servicing companies, Nationstar Mortgage LLC, which does business as Mr. Cooper. After a nationwide investigation revealed multiple violations of law and procedural deficiencies, Nationstar has cooperated and agreed …


Business, Health, Politics

Attorney General Frosh joins coalition fighting to protect consumer credit during COVID-19 pandemic

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh on Tuesday joined a coalition of 22 attorneys general warning the nation’s three Consumer Reporting Agencies (CRAs) that, as Americans continue to struggle from the economic fallout of the COVID-19 public health crisis, they will not hesitate to enforce safeguards set in place to ensure consumers’ credit is properly protected and that their …


Frosh joins bipartisan coalition to ensure student loan servicers follow the law

BALTIMORE, MD – Maryland Attorney General Brian E. Frosh last week joined a bipartisan coalition of 32 attorneys general from around the country in defending the state’s ability to enforce consumer protection laws against student loan servicers. In an amicus brief filed in the United States Court of Appeals for the Third Circuit, the attorneys general argue that the case …