Nationstar Mortgage named in class action lawsuit in connection with use of force placed insurance

A 0 million national class-action settlement last week – one of a series of cases brought against major banks, mortgage servicers and insurers – shed fresh light on a controversial business practice in the mortgage industry: alleged kickbacks in connection with "force-placed insurance" policies.

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What Lawsuits Have Been Filed Against Nationstar Mortgage? As of March 2015, lawsuits filed against nationstar mortgage include breach of contract, unjust enrichment and fraud claims, according to Courthouse News Service and the West Virginia Record.

My mortgage company force-placed insurance on me, however, I never had knowledge of it for two years. After numerous phone calls and letters they would always say there was a lapse of coverage for.

The plaintiffs sought certification of a nationwide class consisting of all individuals who, in the past 15 years, were charged by any of the defendant’s subsidiaries an overnight delivery fee for.

The Nationstar Force-Placed Insurance Class Action Lawsuit is Howard Braynen et al. v. Nationstar Mortgage LLC et al., Case No. 1:14-cv-20726, in the U.S. District Court for the Southern District of Florida.

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Nationstar Mortgage / force place insurance. So they were trying to scam over $3500 for a policy that covers less than half of the one that I already had in force, and have always had in force. And I had never been notified, asked, called or anything. Never received a jacket or insurance papers either.