Mr Cooper and Lakeview Settlement: See If You Are Eligible
Did you receive the Mr Cooper and Lakeview Settlement e-mail? It’s not a scam.
There’s an agreement in a lawsuit where people said Nationstar Mortgage, also known as Mr. Cooper and Lakeview Loan Servicing LLC, did something wrong. They were accused of charging an extra fee for taking mortgage payments over the phone without permission. Now, they’re trying to settle this matter.
Who Is Eligible For The Mr Cooper and Lakeview Settlement
If you’re in Maryland and you paid some extra “convenience fee” to Mr. Cooper or Lakeview while settling your mortgage between April 15, 2019, and now, you might be part of the group.
The term “convenience fee” wasn’t clearly mentioned in the original agreement between the folks and Mr. Cooper. The person who filed the case says this goes against Maryland laws meant to protect consumers dealing with debts. Even the Maryland Commissioner of Financial Regulation chimed in, saying these fees should only happen if they were clearly allowed in the loan documents before they charged you.
How Much Is The Settlement
If you’ve already got some money back, great news. Now, if this settlement plan gets approved, Mr. Cooper is going to donate $37,200 to Habitat for Humanity and the Housing Initiative Partnership. Half of that money goes to each charity. Also, they’re covering the legal fees for the lawyers who are helping sort this out that’s $114,240.
However, for people in the class, unfortunately, there’s no extra cash coming your way as part of this settlement. It’s more about the donations and covering the legal side.
How To File A Claim
If you are eligible, fill out a valid claim form when it is out. The final hearing will be on March 15, 2024.
Click here to receive settlement.
Conclusion
Tonda Baxter v. Lakeview Loan Servicing LLC, et al., Case No. C-02-CV-22-000654 is not a scam. Just like Avantus Inaccurate credit reporting Settlement If you’re in Maryland and you paid some extra “convenience fee” to Mr. Cooper or Lakeview while settling your mortgage between April 15, 2019, and now, you might be part of the group.
