CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments That Homeowners Did Not Authorize
June 28, 2023
June 28, 2023
WASHINGTON, June 28 -- The Consumer Financial Protection Bureau issued the following news release on June 27, 2023:
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ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper
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Today, the Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating . . .
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ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper
* * *
Today, the Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating . . .