In a press release issued November 9, Governor Andrew M. Cuomo announced that a leading mortgage services provider and its affiliate, agreed to pay a $28 million fine and engage a third-party auditor as part of a settlement agreement and consent order with the NY Department of Financial Services. The matter arose after a series of audits conducted by the NYDFS had revealed inconsistencies in how mortgage foreclosures were documented and processed. As part of the settlement agreement, the company has agreed to allow an independent third-party auditor to help identify borrowers entitled to refunds.