Servicing Reverse Appeals court revives class-action suit against Nationstar for redundant flood insurance Reverse mortgage borrower alleges "improper" insurance cost her thousands
HousingWire, May 13, 2019–Jessica Guerin In a unanimous decision, judges in the 11th Circuit Court of Appeals revived part of a Florida condo owner’s claims against Nationstar, accusing the servicer of ripping off borrowers by unnecessarily placing flood insurance on their properties for which they were charged thousands of dollars.
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Nationstar got the court paperwork but not enough for these wolves.. from my HOA that defines that in the state of FL the HOA hazard insurance/flood insurance covers the interior walls and electrical.. years ago and I still get angry thinking about it. If there is a class action suit.
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The suit is the third putative class action Alhassid has filed against Nationstar over the loan. As part of that reverse mortgage, Nationstar had the right to buy and charge Alhassid for flood.
Appeals court revives class-action suit against Nationstar for redundant flood insurance May 13, 2019 / in Uncategorized / by Lindsay A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations from a reverse mortgage borrower that it violated Florida law by charging.
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Appeals court revives class-action suit against Nationstar for redundant flood insurance Jessica Guerin is an editor at HousingWire covering reverse mortgages and the housing wealth space.
Appeals court revives class action suit against Nationstar for redundant flood insurance The long and winding saga of Ditech ‘s bankruptcy continues, as the U.S. Trustee grants a request to create a committee to protect consumer interests in the proceedings.
The U.S. District Court for Middle Tennessee has certified an $891 million. lawsuit against Community Health Services after appeals court revives case. Class certification in a class-action lawsuit helps to determine who is.