forced placed insurance homeowners

Sketchy force-placed insurance cause HSBC to have to pay homeowners back

Property owners in Massachusetts who were sold this coverage through dubious practices will receive $2.7 million. HSBC, a national mortgage lender and servicer, has now…

homeowners insurance

Federal agency is slow to act on controversial homeowners insurance coverage

Federal Housing Finance Agency has not taken action on force-placed insurance The Federal Housing Finance Agency has pledged to make changes to a controversial type…

force placed insurance

Homeowners insurance settlement of $300 million to be paid by Chase

Allegations over the force placed policies and the practices surrounding them have led to the payout. A federal judge recently signed off on a JPMorgan…

Force placed insurance

Force placed insurance lawsuit causes Citi to pay $110 million

Citigroup Inc. has agreed to pay the money to thousands of homeowners who had been overcharged. According to recent news, Citigroup Inc. has now agreed…

force placed insurance

Force placed insurance regulations to be altered in the United States

The FHFA now intends to ban mortgage lenders from being able to receive payments. The Federal Housing Finance Agency (FHFA) is now working to ban…

forced placed insurance homeowners

Force placed insurance rules on their way to New York

The state intends to implement some sizable and widespread regulations to this practice. Officials from New York have just proposed a new comprehensive list of…

Force placed insurance

Force placed insurance settlement reached by Assurant and J.P. Morgan Chase

The agreement that has been reached will require a payment of a total of $300 million to resolve the allegations. Assurant Inc. and J.P. Morgan…