September 30, 2020
In some states, homeowners who undergo foreclosure have a limited amount of time in which they can buy back their properties. The complaint for this class action alleges that when these buybacks take place with a property purchased by US Bank, NA, US Bank charges them for a full year of hazard insurance, even if the property was only in US Bank’s possession for less than three months.
Case Event File: US Bank Hazard Insurance Charge on Redeemed Property ComplaintRelated to: US Bank Hazard Insurance Charge on Redeemed Property Class Action