Is "INTERNET BANKING BILLPAY DEBIT / NATIONSTAR, DBA M" fraud?

Written by Ava Morales

June 18th, 2024

Medium Risk

About "INTERNET BANKING BILLPAY DEBIT / NATIONSTAR, DBA M"

Mr. Cooper, originally known as Nationstar Mortgage Holdings Inc., has been in business since 1994. The company primarily operates in the mortgage servicing and origination industry. They offer various retail products such as mortgage refinancing, home purchase loans, and home equity loans. Additionally, Mr. Cooper provides homeowners with tools for managing their mortgage and understanding their home financing options.
  • INTERNET BANKING: The transaction was conducted via online banking.
  • BILLPAY: Indicates that the transaction was for a bill payment.
  • DEBIT: The transaction is a debit, meaning it subtracts from the account balance.
  • NATIONSTAR, DBA MR COOPER: The recipient of the payment is Nationstar Mortgage LLC, doing business as Mr. Cooper.
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
    SimplyWise Community Comments
    Be the first to comment!