Appeals court revives class-action suit against Nationstar for redundant flood insurance

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Appeals court revives class-action suit against Nationstar for redundant flood insurance Appeals court revives class-action suit against Nationstar for redundant flood insurance – The case was brought by Sarah Alhassid, who took a reverse mortgage on her Aventura. basis to believe that the borrower has failed to comply with the mortgage loan.

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Appeals court revives class-action suit against Nationstar for redundant flood insurance. 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.

Appeals court revives class action suit against Nationstar for redundant flood insurance A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations that it violated Florida law by charging homeowners for unnecessary flood insurance.

Another force-placed insurance class action lawsuit was rejected by the Eleventh Circuit Court of Appeals in February 2014 against Wells Fargo Bank NA, saying that the flood insurance the plaintiff was forced to pay was a minimum.

According to a class action suit against the banking giant, customers are being subjected to a "bait-and-switch" approach, where they are informed at closing that they must meet certain flood insurance requirements, but are later forced to pay for additional and unnecessary flood insurance. The High Cost of Forced-Placed Flood Insurance

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