IF YOU PAID A CONVENIENCE FEE WHEN MAKING A MORTGAGE PAYMENT TO NATIONSTAR MORTGAGE LLC d/b/a MR. COOPER YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.
A Settlement has been reached in a class action lawsuit claiming that Nationstar Mortgage LLC, a residential mortgage servicing
company, and its affiliates Solutionstar Holdings LLC and Solutionstar Field Services LLC (collectively, “Nationstar” or
“Defendants”), charged pay-to-pay fees (hereafter, “Convenience Fees”) that were not properly disclosed or permitted under
applicable law to borrowers who reside in California, Florida, or Illinois and made their residential mortgage payments online
or over the phone.
Subject to certain exceptions described below, you are a Settlement Class Member if you are or were:
• a resident of California or Florida who was charged Convenience Fees at Issue1 for making over-the-phone or online mortgage payments to Nationstar from February 1, 2012 to February 14, 2022, or;
• a resident of Illinois who was charged Convenience Fees at Issue for making over-the-phone or online mortgage payments to Nationstar from February 1, 2013 to February 14, 2022 (collectively, “Class Periods”).
Persons included in the Settlement may be eligible to receive a share of the Settlement Fund based on the amount of Convenience Fees at Issue they paid.
Your legal rights are affected whether you act or don’t act. The deadlines to exercise these rights are explained in the notice. Read carefully:
Subject to certain exceptions described below, you are a Settlement Class Member if you are or were:
• a resident of California or Florida who was charged Convenience Fees at Issue1 for making over-the-phone or online mortgage payments to Nationstar from February 1, 2012 to February 14, 2022, or;
• a resident of Illinois who was charged Convenience Fees at Issue for making over-the-phone or online mortgage payments to Nationstar from February 1, 2013 to February 14, 2022 (collectively, “Class Periods”).
Persons included in the Settlement may be eligible to receive a share of the Settlement Fund based on the amount of Convenience Fees at Issue they paid.
Your legal rights are affected whether you act or don’t act. The deadlines to exercise these rights are explained in the notice. Read carefully:
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT | ||
|---|---|---|
| OPTIONS | RESULT | |
| RECEIVE A SETTLEMENT PAYMENT | If you are a Settlement Class Member, you may automatically receive a settlement payment based on the amount of Convenience Fees you paid to Nationstar. | |
| EXCLUDE YOURSELF | You will receive no benefits, but you will retain any rights you currently have to sue Nationstar about the claims in this Litigation. | |
| OBJECT | Write to the Court explaining why you do not like the Settlement. | |
| GO TO THE HEARING | Ask to speak in Court about your opinion of the Settlement. | |
SETTLEMENT UPDATE
Final Approval of the Settlement was granted on November 15, 2022
Distribution of Settlement Funds will occur in Winter 2023
Your rights and options—and the deadlines to exercise them—are explained in this Notice.
The Court in charge of this Litigation still has to decide whether to approve the Settlement. Payments will be distributed to all qualifying Settlement Class Members who do not submit a Request for Exclusion, only if the Court approves the Settlement and after potential appeals are resolved.
If any of your contact information has changed, please notify the Settlement Administrator by either emailing at info@MortgageConvenienceFeeSettlement.com, calling toll-free 1-877-354-3839, or write to the Settlement Administrator at Mortgage Convenience Fee Class Action Settlement, c/o A.B. Data, Ltd., P.O. Box 170500, Milwaukee, WI 53217.
For more information about this Action, your rights and options, and answers to other frequently asked questions, please review the Notice.
1 The “Convenience Fees at Issue” means all convenience fees paid by Settlement Class Members during the Class Periods described above, but it
excludes certain fees paid by members of the settlement class in Garcia v. Nationstar Mortgage LLC, Case No. C15-1808 TSZ (W.D. Wash.).