Nationstar Mortgage Settlement — 2026 | Claim by March 2025

Unsplash | Published: January 25, 2025

Claim Form Deadline: March 3 2025

Payout: Varies

Proof required: No

What's the Nationstar Mortgage Settlement?

Nationstar Mortgage and Mr. Cooper have settled a multi-state class action lawsuit filed by multiple state attorneys after allegations that their consumer practices with mortgages were deceptive or unfair.

This class action is brought by the Attorneys General of multiple states against Nationstar Mortgage LLC, alleging misconduct in the servicing of single-family residential mortgages. The Mr. Cooper class action lawsuit claims that Nationstar engaged in unfair or deceptive practices, such as improper oversight of third-party vendors, mishandling loan transfers, and failing to process loan modifications correctly, among other violations.

What is the Total Settlement Amount?

The total settlement amount is not specified yet. Class action settlement amounts in such cases can vary widely and are typically determined based on the amount of claims and any future agreements of consent orders by the court (in this case, the U.S. district court for the District of Columbia).

How Do I Qualify For a Payout?

To qualify for a payout, you must be a consumer whose mortgage loan was serviced by Nationstar and who was affected by the alleged misconduct. Specific eligibility criteria will be detailed in the settlement agreement or court notices.

Although the plaintiffs in this case are individual states, the lawsuit is brought on behalf of the consumers in those states who were affected by Nationstar's alleged misconduct. The Attorneys General are acting in their capacity to protect the interests of their residents under consumer protection laws. If the court rules in favor of the plaintiffs or a settlement is reached, the relief awarded (such as monetary compensation) is intended to redress the harm suffered by the consumers. This is why affected consumers may be eligible to receive payouts even though they are not the direct plaintiffs in the case.

Who are Mr Cooper and Nationstar?

Nationstar Mortgage LLC, doing business as Mr. Cooper, is a mortgage servicing company. It is a privately held, wholly-owned subsidiary of Mr. Cooper Group, Inc. The company is responsible for servicing residential mortgage loans, which includes activities such as collecting mortgage payments, managing escrow accounts, and handling loss mitigation and foreclosure processes. Mr. Cooper is the brand name under which Nationstar operates its mortgage servicing business.

What Does it Mean to "Service" a Mortgage?

To "service" a mortgage means to handle the ongoing tasks of managing the loan. This includes:

• Collecting Payments: Receiving monthly payments from the borrower.
• Managing Escrow: Paying property taxes and insurance if included in the loan.
• Helping Borrowers: Answering questions and providing loan information.
• Handling Late Payments: Sending reminders and managing missed payments.
• Processing Payoffs: Closing the loan when it's fully paid or refinanced.

Basically, servicing a mortgage means making sure the loan is paid and managed correctly.

Which States Sued Nationstar and Mr. Cooper?

The plaintiffs in this case are the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, and the District of Columbia.

How Do I Find Class Action Settlements?

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How Much Can I Get Paid?

The payout amount will depend on the specifics of the settlement and the extent of the harm suffered by each consumer.

How Do I File a Claim?

Typically, affected consumers will receive a notice with instructions on how to file a claim, which may include submitting a claim form online or by mail. In this case, contact the class action administrator if you believe you are part of the Nationstar Dr. Cooper class action settlement but did not receive a claim form.

Claim Form Website: NationStar Settlement Site

Submit Claim

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.

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