Moyer, et al. v. Mr. Cooper Group, Inc., as successor in interest to Home Point Financial Corporation, f/k/a Maverick Funding Corporation, Civil Action No. 1:20-cv-03449-RDB, pending in the U.S. District Court for the District of Maryland (the “Lawsuit”)

The Court has preliminarily approved a class action settlement in the lawsuit. If you were a borrower or co-borrower on a residential mortgage loan from Maverick Funding Corporation (“Maverick”) or Maverick’s successor, Home Point Financial Corporation (“Home Point”), that was closed by All Star Title (“All Star”) between January 1, 2014 and August 8, 2016, you may be eligible for benefits under the Settlement. Mr. Cooper acquired Home Point’s parent company on August 1, 2023.

The Settlement Class (defined in the Settlement Agreement) includes all individuals in the United States who were borrowers on a federally related mortgage loan (as defined under the Real Estate Settlement Procedures Act, 12 U.S.C § 2602) originated by, brokered by, and/or otherwise obtained from Home Point Financial Corporation f/k/a Maverick Funding Corporation, for which All Star Title, Inc. provided title or settlement services, as identified on the borrower’s HUD-1 or Closing Disclosure, between January 1, 2014, and August 8, 2016.

The Settlement Class is divided into two groups: Group 1 refers to Class Members whose mortgage loans were originated by a branch led by loan officer John Sebeck or the Blacklick, Ohio branch of Maverick Funding Corporation. Group 2 refers to Class Members who are not part of Group 1.

The Settlement Class does not include (1) any person who, during the period of January 1, 2014 and August 8, 2016, was an employee, officer, member, and/or agent of Home Point Financial Corporation, Maverick Funding Corporation, or All Star Title, Inc., or any of their subsidiary, parent or affiliate entities; (2) any judicial officer who handles this Lawsuit, and the immediate family members of such judicial officer(s); and/or (3) anyone who has elected to be excluded from the Settlement Class pursuant to the Request for Exclusion (as defined in the Settlement Agreement).

	Your Legal Rights and Options in this Class Action
IF YOU WISH TO REMAIN A SETTLEMENT CLASS MEMBER	If the Court gives final approval to the Settlement and after all potential appeals are exhausted (if any are filed), Group 1 and Group 2 Class Members who do not opt-out will automatically be eligible to receive the Settlement Benefits (described below) under the Settlement without submitting a claim. Anticipated payment date: approximately 21 days after the Settlement obtains Final Approval and the approval of the Settlement is upheld on appeal (if any are filed).
ASK TO BE EXCLUDED FROM THE SETTLEMENT	This is the only option that allows you to retain your rights to independently sue The Federal Savings Bank about the claims in this Lawsuit. In order to exclude yourself from the Settlement, you must follow the procedure described below and mail your Request for Exclusion to the Settlement Administrator at PO Box 201, Lightfoot, VA 23090-0201. The Exclusion Deadline for Requests for Exclusion to be mailed to the Settlement Administrator is SEPTEMBER 5, 2024.
OBJECT TO THE SETTLEMENT	If you do not file a Request for Exclusion, you may write to the Court about why you object to (i.e., don’t like) the Settlement and think it should not be approved. You must follow the procedure described below for objecting to the Settlement and file your written objection with the Court at U.S. District Court for the District of Maryland, Northern Division, 101 West Lombard Street, Baltimore, MD 21201. You must also mail copies of your written objection to Class Counsel, and Counsel for TFSB at these addresses: Class Counsel: Michael Paul Smith & Melissa English, Smith, Gildea & Schmidt, LLC, 600 Washington Ave, Suite 200, Towson, MD 21204 Counsel for Home Point and Maverick: Thomas V. Panoff, Sheppard Mullin Richter & Hampton LLP, 321 N Clark St 32nd Floor, Chicago, IL 60654 The Objection Deadline for the Filing of Objections with the Court is SEPTEMBER 5, 2024.
GO TO THE OCTOBER 15, 2024 HEARING	The Court will hold a “Final Fairness Hearing” to consider the Settlement, Class Counsel’s request for attorneys’ fees and expenses, and the Class Representatives’ request for service awards. You may, but are not required to, speak at the Final Fairness Hearing, if you have filed a timely written objection with the Court. If you intend to speak at the Final Fairness Hearing, you must include your intention to do so in your written objection. The Final Fairness Hearing will take place at 11:00 am on October 15, 2024 in Courtroom 5D of the United States Courthouse, 101 West Lombard St, Baltimore, MD 21201.