Federal Judge Dismisses RESPA Violation Claims Against Banks, Reinsurer

Mealey's (March 30, 2018, 1:05 PM EDT) -- PHILADELPHIA — In a putative class action alleging a captive reinsurance scheme between banks and an affiliated reinsurer, a Pennsylvania federal judge on March 28 dismissed homeowners’ claims for violations of the Real Estate Settlement Procedures Act (RESPA) and unjust enrichment (Christopher Blake, et al. v. JPMorgan Chase Bank, N.A., et al., No. 13-6433, E.D. Pa., 2018 U.S. Dist. LEXIS 52167)....