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Fees and banking

Fay Servicing, LLC (CFPB payments)

Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu

You can get$3M fund

Free to check. We remind you before deadlines. You file on the official site.

The CFPB is distributing $3 million in redress to consumers harmed by mortgage servicer Fay Servicing's violations of Regulation X and a 2017 order. Distribution began March 6, 2026 and is ongoing; questions go to Rust Consulting at 1-800-804-3454.

Who qualifies

“The CFPB issued a consent order against Fay Servicing.”From the court-approved notice

What you can get

Cash payment

Proof: None

Total settlement fund$3M

These are the amounts the settlement publishes. Shares of a fund depend on how many people file: what pro rata means.

How to file

  1. 1. Check that the class description above fits you.
  2. 2. File on the official claim form. It usually takes a few minutes.

Is this settlement legit?

Yes. It's a court-approved class action settlement (case 2024-CFPB-0007), run by Rust Consulting. The official site is consumerfinance.gov. You never pay to file a claim. How to check a settlement notice.

Related settlements

ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.