fbpx

CitiMortgage Insurance Charges on Redemptions Class Action

In Kansas and in certain other states, homeowners who lose their properties in a foreclosure proceeding may redeem, or buy back, the property within a certain period after the sale. During the time the bank or other lender owns the property, it is likely to take out hazard insurance on it. The hazard insurance may  Read more

CitiMortgage Name/Logo

Fidelity Bank Insurance Charges on Redemptions Class Action

In certain states, homeowners who lose their properties in a foreclosure proceeding may redeem, or buy back, the property within a certain period after the sale. During the time the bank or other lender owns the property, it is likely to take out hazard insurance on it. The hazard insurance may only be in force  Read more

Wraparound Fidelity Sign on Building

Bank of New York Mellon Insurance Charges on Redemptions Class Action

When a bank forecloses on a property, it is likely to take out hazard insurance to protect it. This hazard insurance may only be in force for a matter of months if the former owner or an assignee redeems the property. However, the complaint for this class action alleges that the Bank of New York  Read more

Tall Building with BNY Mellon Sign at Top

US Bank Hazard Insurance Charge on Redeemed Property Class Action

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  Read more

A US Bank Location