In settling with state regulators, the Miami-based electronic payment processor is looking to close the books on a 2021 test that triggered $2.3 billion in erroneous mortgage payments.
Source: Inman News
ACI paying another $20M to settle mortgage payments debacle
More from ACH networkMore posts in ACH network »
More from ACI PaymentsMore posts in ACI Payments »
More from Conference of State Bank SupervisorsMore posts in Conference of State Bank Supervisors »
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from Mr. CooperMore posts in Mr. Cooper »
More from RegulationsMore posts in Regulations »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
Be First to Comment