What Is the Money Source Settlement?
The Money Source, Inc. has agreed to a $1.5 million proposed settlement in a robocall class action.
The Money Source, also known as TMS, is a mortgage company headquartered in Phoenix, Arizona. The company was founded in 1997 and operates in mortgage lending and servicing.
Who Is Eligible?
The settlement covers people in the United States or its territories whose cell phone number appears on a specific document produced by The Money Source in the litigation, identified as TMS005442, and who received an artificial or prerecorded voice call after asking the company to stop those calls.
The stop request must be recorded in The Money Source’s business records, and the qualifying call must have occurred between February 6, 2019 and May 7, 2025.
Receiving a settlement notice does not by itself guarantee payment. The official notice says only people who meet the settlement class definition are entitled to money from the fund.
The Money Source and its employees and agents, along with members of the judiciary, are excluded.
How Much Money Can You Get?
Payments will be divided on a pro rata basis, with each class member’s share based on the number of qualifying calls shown in The Money Source’s records. No fixed per-person amount has been announced.
The $1.5 million fund also covers notice and settlement-administration costs, court-approved attorneys’ fees, litigation expenses of up to $17,000, and any approved incentive award to the named plaintiff. Class Counsel says it will ask the Court for attorneys’ fees of up to one-third of the settlement fund. The amount ultimately available for class payments will therefore be less than $1.5 million.
No Claim Form Is Required
Class members do not have to submit a claim, provide call logs or prove how many qualifying calls they received.
A tax-related step applies to larger payments. The official notice says a class member entitled to more than $2,000 must first provide the Settlement Administrator with a taxpayer identification number or may be subject to backup withholding.
What Is the October 7 Deadline?
October 7, 2026 is the deadline for class members who want to exclude themselves from the settlement or object to its terms.
What Happens If You Do Nothing?
If your membership is confirmed and you do nothing, you will remain in the settlement and receive a monetary award after the settlement becomes final.
To preserve the right to bring or continue your own lawsuit over the released claims, you must properly exclude yourself by the deadline above. Anyone who opts out gives up the settlement payment.
When Will Payments Be Sent?
There is no payment date yet.
The Court is scheduled to hold a Final Approval Hearing on November 16, 2026 at 2:00 p.m. Arizona time in Room 505 of the U.S. District Court for the District of Arizona in Phoenix. The official notice says the hearing date or time can change, so class members should check the settlement website for updates.
The Court will decide whether the settlement is fair, reasonable and adequate. Payments will be made only if the settlement receives final approval and after any appeals are resolved.
The official notice warns that appeals can delay payment, potentially for more than a year.
Why Was There a Lawsuit?
Plaintiff Natasha Hiller alleged that the calling practices described above violated the Telephone Consumer Protection Act (TCPA).
In May 2025, the Court certified a class for litigation and appointed Hiller as class representative.
The Money Source denies wrongdoing, and the Court has not ruled in favor of either side on the merits.
How to Check Whether You Are Included
The Settlement Administrator mailed and emailed notices on July 24, 2026 to people identified from The Money Source’s records.
If you are unsure whether you are included, contact Atticus Administration, the court-appointed Settlement Administrator, at 1-800-679-0774 or use the official Money Source TCPA Class Action website.
About This Page
RecallRefunds.com is a consumer information site. We are not the Settlement Administrator, a law firm, The Money Source or a government agency. This page summarizes a proposed class action settlement and is general information, not legal advice.