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In lawsuits filed in federal court in Washington on Monday, the Consumer Financial Protection Bureau and the states said Nationstar, owned by Mr. Cooper Group Inc., failed to properly oversee third-party vendors or respond to borrowers' complaints, among other offenses.Who owns Nationstar Mortgage?
Nationstar Mortgage, based in Houston, Texas, is owned by Fortress Investment Group LLC. Nationstar Mortgage also operates under the Champion Mortgage brand. Fortress Investment Group is a publicly...Is Mr Cooper mortgage Nationstar?
Nationstar Mortgage is now officially Mr. Cooper. Nationstar’s massive rebranding, which HousingWire first reported back in December 2015, became official on Monday morning, with the nonbank dropping the Nationstar name and becoming Mr. Cooper.Who is Mr Cooper Nationstar?
Mr. Cooper is the largest nonbank home loan servicer in the U.S. (and the third largest overall), as well as a top 15 loan originator. Headquartered in Dallas, Mr. Cooper serves 3.8 million customers. The company, which was formerly known as Nationstar Mortgage, has been in business since 1994.