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Mortgage servicer takes legal action following massive borrower impact; CFPB previously fined ACI $25 million for related charges.
Investors claim the mortgage lender overstated its cost efficiency and resilience ahead of its 2021 public launch.
Crucial acquisitions fuel Texas-based mortgage provider's robust performance.
Will close by end of the month.
Claims breaches of contract; seeking more than $4.6 million in restitution.
Ratings service says they are well-positioned to handle liquidity and funding challenges.