Woman Tells 11th Circuit Lender-Placed Insurance Settlement Is Unfair

(April 26, 2016, 2:35 PM EDT) -- ATLANTA — A California woman told the 11th Circuit U.S. Court of Appeals that the final approval of a $140 million class action settlement between homeowners in Florida and insurance companies that impose lender-placed insurance (LPI) on homeowners when their voluntary insurance policies lapse is unfair, arguing that the settlement’s claim-based requirement leads to reduced benefits to class members and increased fees for attorneys (Jennifer Lee, et al. v. Ocwen Loan Servicing LLC, et al., No. 15-14630, 11th Cir.).

(Appellant brief available. Document #50-160428-013B.)

Appellant Margo...
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