Reverse mortgage borrowers could get checks after CFPB action
By: Sarah Wolak | Published: 2026-02-06 17:41:26 | Source: www.housingwire.com
In June 2024, the CFPB issued an order that permanently bars Pittsford, New York-based Sutherland Global Services and its subsidiaries, Sutherland Government Solutions, Sutherland Mortgage Services and NOVAD, from servicing reverse mortgages.
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The enforcement action stemmed from what the bureau described as illegal servicing failures that harmed older homeowners and caused some to fear…
