To anyone who between Jan. 1, 2006 and July 31, 2015 were charged by PHH Mortgage under a flood, hazard, flood gap, or wind-only lender-placed insurance policy for a residential property, you may be eligible for a potential award from the PHH Mortgage Lender Insurance Class Action Lawsuit! According to the lawsuit, PHH Mortgage, had received unauthorized benefits under its own lender-placed insurance policies and that the amounts that was being charged towards the homeowners was excessive The plaintiffs also accepted improper kickbacks from from insurer Assurant in the way of expense reimbursements or expense subsidies. Michael Foods and other defendants, denies any wrongdoings, yet have agreed to settle the class action lawsuit in order to avoid the further risk and cost of litigation. So if you are eligible, you may receive a potential award by October 27, 2017!
PHH Mortgage Lender Insurance CAL:
- PHH Mortgage Lender Insurance Claim Form
- Claim Form Deadline: 10/27/2017
- Who’s Eligible: Anyone who between Jan. 1, 2006 and July 31, 2015 were charged by PHH Mortgage under a flood, hazard, flood gap, or wind-only lender-placed insurance policy for a residential property.
- Estimated Amount: Varies
- Proof of Purchase: Yes
- Case Name & Number: In re: PHH Lender Placed Insurance Litigation, Case No. 1:12-cv-01117, in the U.S. District Court for the District of New Jersey
How to File a Claim:
- Head on over to the PHH Mortgage Lender Insurance Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form by, October 27, 2017 to receive your potential award!
Bottom Line:
For anyone who between Jan. 1, 2006 and July 31, 2015 were charged by PHH Mortgage under a flood, hazard, flood gap, or wind-only lender-placed insurance policy for a residential property, you may be eligible for a potential award from the PHH Mortgage Lender Insurance Class Action Lawsuit. According to the lawsuit, PHH Mortgage, had received unauthorized benefits under its own lender-placed insurance policies and that the amounts that was being charged towards the homeowners was excessive The plaintiffs also accepted improper kickbacks from from insurer Assurant in the way of expense reimbursements or expense subsidies.. So if you are eligible, you may receive a potential award by October 27, 2017! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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