Two Forced-Place Insurance Suits Settled

, Daily Business Review

   | 1 Comments

Three new settlements have been reached in forced-placed insurance lawsuits against major mortgage lenders and servicers in Miami federal court.

This article has been archived, and is no longer available on this website.

View this content exclusively through LexisNexis® Here

Not a LexisNexis® Subscriber?

Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

Originally appeared in print as Three Forced-Place Insurance Suits Settled

What's being said

  • not available

    Forced placement of insurance with a kick-back to the bank is outright stealing and unconscionable. It is one thing to charge an administration fee for having to obtain the insurance, it is a whole other matter that the insurance is sometimes ten times the market amount plus a fee back to the bank. This is one example why the public hates banks.

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202643134075

Thank you!

This article's comments will be reviewed.