Nationstar ACH Class Action Lawsuit

Nationstar agreed to a $5 million litigation settlement to resolve a class action lawsuit claiming the company sent incorrect automated clearing house, or ACH, entries to mortgage borrower bank accounts in April 2021.

In April 2021, mortgage borrowers with loans serviced by Nationstar allegedly experienced incorrect ACH debit and credit entries on their bank accounts. These inaccurate entries allegedly caused consumers to overpay on their mortgages and sustain other financial damages.

Nationstar, now known as Mr. Cooper, is a mortgage lender and servicer. ACI, another defendant in the case, is an ACH clearing company.

Nationstar and ACI haven’t admitted any wrongdoing but agreed to a $5 million class action lawsuit settlement to resolve the ACH claims.

Nationstar ACH Class Action Lawsuit

• Who’s Eligible:
  • Consumers whose mortgages were or are serviced by Nationstar and who were impacted by the incorrect ACH debit and credit entries sent on April 23, 2021.
• Estimated Amount: Varies
• Proof of Purchase: Documentation of out-of-pocket expenses.
• Claim Form Deadline: 11/13/2023
• Case Name & Number:
  • Dugan, et al. v. Nationstar Mortgage LLC, et al., Case No. 1:21-CV-00341, in the U.S. District Court for the Middle District of North Carolina.
• How to file a claim:
  • Head over to the Claim Form.
  • Read over the claim form to see if you are eligible.
  • Complete the claim form with your info.
  • Submit your claim form to receive your potential award!

(Click here to file a claim)

Bottom Line

Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.

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