CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
CFPB issues order against payment processor ACI Worldwide
Corp. and its subsidiary ACI Payments Inc. (ACI)
improperly initiating approximately $2.3 billion in
unlawful mortgage payment transactions. This is the CFPB’s
first action addressing unlawful data handling practices
in processing mortgage payments.