Action requiredCSBSMAAug 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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Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

ActionCalifornia DFPICAOct 24, 2026
California Lender Reporting Requirement for Insurance Payouts
California DFPI ordered financial institutions to report data on how lenders managed insurance payouts to survivors of the Los Angeles fires.
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InfoCalifornia DFPICAOct 23, 2026
DFPI Warns Lenders About Handling Insurance Payouts
On October 15, 2026, the California DFPI ordered financial institutions to report on their handling of insurance payouts for fire survivors in Los Angeles. Non-compliance could lead to enforcement actions.
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ActionNew York DFSNYOct 21, 2026
Final Adoption of Insurance Regulation 168 - Confidentiality Protocols
New York DFS adopted a regulation to establish confidentiality protocols for victims of domestic violence and endangered individuals within the insurance sector.
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