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

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The Eleventh Circuit has revived a Florida condo owner’s putative class action accusing mortgage servicer Nationstar Mortgage of ripping off thousands of borrowers by tacking redundant flood.

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. Other lawsuits allege Fair Debt Collection Act and Fair Credit Reporting Act violations, states Justia. The plaintiffs are seeking money damages.

. revives class-action suit against Nationstar for. court revives class-action suit against Nationstar for redundant flood insurance. A federal appeals.

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This page discusses the litigation process for flood insurance reform.BackgroundAfter Hurricane Sandy, 144,484 claims were filed by policyholders of the National Flood Insurance Program. Policyholders who were not satisfied with the National Flood Insurance Program payments they received after Hurricane Sandy had the option of filing a lawsuit in U.S. District Court.Litigation

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Appeals Court Revives Class Action Suit Against Nationstar for Redundant Flood Insurance. May. part of a Florida condo owner’s claims against Nationstar,

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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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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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