In a settlement involving the attorneys general of 49 states and the District of Columbia, a national mortgage servicer agreed to pay roughly $ 45 million for allegedly violating state and federal laws on foreclosures, loan modifications and servicing, including more than $ 31 million in payments to affected borrowers and $ 5 million to AGs who investigated and allegedly uncovered the alleged violations. As part of the settlement, the servicer likewise agreed to comply with an extensive set of additional default servicing standards.
