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Mr. Cooper a.k.a. Nationstar Mortgage Settles with Mass. – Nationstar Mortgage, which recently changed its name to Mr. Cooper, settled with the Massachusetts Attorney General’s Office over its violations of a law that is supposed to give homeowners a chance to modify their mortgages if they fall behind.Nationstar allegedly failed to offer loan modifications, and, in some cases, even foreclosed illegally
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US sues biggest banks over risky mortgages – In a sweeping move, the government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities.