The lawsuit alleges that Nationstar is pushing distressed borrowers by the thousands every year to use its subsidiary, an online real estate auction house called Xome. Its relationship with Xome represents a conflict of interest that is “staggering and completely unethical and illegal,” according to the complaint.

As of early February, the parties were working to settle the case, according to court documents. But in a 2020 filing with the Securities and Exchange Commission, Nationstar recognizes the potential for controversy created by its subsidiary.

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