40 years in legal administration services.

millions and millions

of claims administered over the last 40 years

Rust is a recognized leader in class action settlement administration
with decades of experience handling some of the largest and most
complex cases in history. Discover how we can help you, who will help
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$335 Million Settlement Successfully Completed

Posted: Apr 05, 2017

Rust Consulting recently completed the administration of U.S. v. Countrywide Financial Corp., No. 11-cv-10540 (C.D. Cal.), which, valued at $335 million, is the largest residential fair lending settlement in Department of Justice history.

As part of its administration, Rust disseminated notice to nearly 320,000 borrowers and reminder postcards to 138,000 borrowers. Rust also reached out by telephone to more than 68,000 borrowers who had yet to respond, all while handling more than 352,000 calls. Rust eventually distributed $318 million to approximately 144,000 borrowers who submitted valid release forms. 

About Rust Consulting
Clients trust Rust Consulting, Inc., a SourceHOV company, as the industry leader in class action settlement administration. Rust has designed, implemented, or managed more than 5,700 class actions and other complex and time-sensitive programs such as regulatory settlements, data breach responses, and recalls. 

About SourceHOV
SourceHOV is a global TPS and EIM leader providing services and solutions for high-volume, mission-critical processes to more than 3,000 customers across 50 countries, including majority of the Fortune100®. SourceHOV comprises 15,000 employees and operates over 110 delivery centers across the Americas, EMEA and APAC, offering scalable technology platforms, hosted on-premise and/or in a cloud environment, to a wide range of industries including financial services, healthcare, public sector, insurance, and legal. For more information please visit www.sourcehov.com.

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