Federal Judge Partially Grants Dismissal In Suit Alleging Insurance Kickbacks
(April 20, 2016, 2:16 PM EDT) -- ORLANDO, Fla. — A Florida federal judge on April 18 partially granted and partially denied motions to dismiss a proposed class complaint accusing a mortgage servicer and an insurer of engaging in a kickback scheme where borrowers were overcharged for “force-placed” insurance (John C. Sekula, et al. v. Residential Credit Solutions, Inc., et al., No. 15-2104, M.D. Fla.; 2016 U.S. Dist. LEXIS 51636).
(Order available. Document #85-160510-007R.)
John and Jacqueline Sekula closed a mortgage loan in the amount of $282,400 in 2006 for a property in...