Action required CSBS MA Aug 24, 2026

NewRez Multistate Mortgage Servicing Settlement

On August 12, 2026, a multistate settlement was reached with NewRez, LLC, involving 48 state financial agencies over improper insurance charges. The settlement totals $15.

On August 12, 2026, a multistate settlement was reached with NewRez, LLC, involving 48 state financial agencies over improper insurance charges. The settlement totals $15.5 million.

What changed

NewRez agreed to remediate over $4.5 million to affected borrowers and pay nearly $11 million more in costs and penalties.

Compliance perspective

Companies should ensure compliance with consumer protection laws and review their practices regarding insurance charges.

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More regulatory updates

Other recent rule changes our team is tracking.

Action Minnesota Department of Commerce MN Oct 3, 2026

NewRez LLC Enforcement Settlement Over Insurance Charges

The Minnesota Department of Commerce announced its participation in a $15. 5 million settlement with NewRez LLC over improper force-placed insurance charges.

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Watch NYDFS NY Sep 30, 2026

Proposed 3rd Amendment to 11 NYCRR 154

NYDFS published the proposed 3rd amendment to regulation 154, with a comment deadline set for November 23, 2026. This proposed amendment relates to insurance regulations.

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Action Connecticut Department of Banking CT Sep 15, 2026

Connecticut Multistate Settlement with NewRez LLC

On September 1, 2026, Connecticut announced a multistate settlement with NewRez LLC related to noncompliance with lender-placed insurance rules.

Read explainer