The Idaho Department of Finance and 43 other state agencies have reached settlements with ACI Payments, Inc., for erroneously initiating electronic transactions totaling $2.3 billion from the accounts of 480,000 mortgage-holders serviced by Mr. Cooper (formerly known as Nationstar Mortgage, LLC).

Patricia Perkins, Director of the Idaho Department of Finance, is warning consumers to be aware of spoofed websites. The Department recently became aware of a phony website purporting to represent Idaho licensed lender Ace Cash Express.

The Idaho Department of Finance in partnership with the Idaho Scam Jam Alliance is pleased to share a series of upcoming educational events aimed at furthering consumer awareness of financial frauds and scams, including how to prevent, identify, and report, attempts from bad actors…