A recent settlement agreement in the mortgage industry has allocated $1 million towards legal fees, as well as a minimum compensation of $25 for each qualifying class member. This agreement follows a lengthy legal battle and represents a significant victory for consumers who were impacted by the alleged misconduct.
Key points from the settlement agreement include:
– $1 million earmarked for legal fees
– Minimum compensation of $25 for each qualifying class member
– Resolution following a prolonged legal dispute
– Significant victory for impacted consumers
– Represents a step towards justice and accountability in the mortgage industry
You can read this full article at: https://www.housingwire.com/articles/rocket-settles-35m-lawsuit-alleging-unpaid-employee-overtime/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.