Americans to Receive Part of $5.8M Foreclosure Settlement – No Documents Required

Thousands of Americans may be eligible for compensation through a $5.8 million settlement involving Nationstar Mortgage, which was accused of violating mortgage servicing laws.

Who Qualifies for a Payment?

This settlement aims to provide relief to borrowers who lost their homes due to alleged errors by Nationstar Mortgage when their loans were transferred to the company.

Eligible borrowers must meet one of the following criteria:

• Their mortgage was transferred to Nationstar between February 1, 2011, and December 18, 2017, and was marked 30 days overdue within 90 days of the transfer.
• Their property was inspected by Nationstar, declared vacant, and had locks changed between June 24, 2011, and December 29, 2017.
• They requested access to their locked property within 30 days of the lock change or had their property reclassified as occupied within 90 days of the lock change.

Allegations Against Nationstar

The mortgage company is accused of multiple servicing violations, which allegedly resulted in financial harm to borrowers and, in some cases, home foreclosures.

Also Read – CalFresh Payment Dates for February 2025: When Will You Receive Yours?

While the exact payment amounts haven’t been disclosed, qualifying borrowers may have received a letter indicating the minimum compensation they could receive.

The deadline to submit a claim is March 3, 2025.

Other Settlements You May Qualify For

Arthur J. Gallagher & Co. Data Breach Settlement – Up to $6,000

• Settlement Amount: $21 million
• Who Qualifies? Individuals whose data was compromised in an alleged cyberattack between June 3, 2020, and September 26, 2020.
• Deadline to File: February 10, 2025

Progressive Insurance Data Breach Settlement – Up to $5,000

• Settlement Amount: $3.25 million
• Who Qualifies? Customers affected by Progressive’s alleged failure to protect sensitive personal information.
• Deadline to File: February 18, 2025

If you believe you qualify for any of these settlements, be sure to submit your claim before the deadlines to receive your share.

• Author
• Recent Posts

Layla Hango

Layla Hango is a dedicated author at The Chieftain Spear, where she delves into stories that highlight cultural richness, social issues, and community empowerment. With a passion for storytelling that inspires and informs, Layla brings a fresh perspective to her writing. Her work resonates with readers seeking meaningful dialogue and a deeper understanding of diverse experiences. Through her articles, Layla aims to spark positive change and celebrate the strength of collective voices.

Latest posts by Layla Hango (see all)

• California Bill to Criminalize Self-Defense Pulled from Consideration - March 14, 2025
• Food Recall Alert: 15,000 Cases of Oyster Crackers Recalled in U.S. - March 14, 2025
• Hip-Hop Star Jay Rock Arrested in Los Angeles by LAPD - March 14, 2025