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

15 Jul    Home Buyer News

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Based on Alhassid’s affidavit, the court found that she incurred $5,000 in actual damages because she agreed to pay her attorney, Maury Udell, $5,000 to defend against the foreclosure action. Nationstar did not appeal the November 2015 final judgment that awarded actual and statutory damages, injunctive relief, and attorneys’ fees and costs.

Nationstar (NSM) is making leadership changes that are part of the company growing more mature and leveraging the strengths of its executive team to support the company’s operations. The company is.

The class action suit charged Wells Fargo, among others, with deriving improper financial benefits from force- placed insurance. In November 2015, two of the largest mortgage servicers in the U.S., Ocwen Loan Servicing LLC and Nationstar Mortgage, reached a combined $217 million settlement in Miami federal court over a national homeowner.

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A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar. flood insurance. The ruling could unleash a wave of trouble for the servicer, who now must face.

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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. In a unanimous decision, judges in the 11th Circuit Court of Appeals revived part of a Florida condo owner’s claims against [.]

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long story short I had a buyer for a short sell and nationstar foreclosed on me without notice. In equator or anything. They even put a lock on my door, but they had to remove it. That was 4 years ago and I still get angry thinking about it. If there is a class action suit against them I have all my documentation. Please contact me [email.

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