Judge Denies Loan Servicer’s Summary Judgment Motion In Insurance Proceeds Dispute

Mealey's (February 1, 2020, 8:39 AM EST) -- LEXINGTON, Ky. — A federal judge in Kentucky on Jan. 21 denied in part Fifth Third Bank N.A.’s motion for summary judgment, holding that triable issues exist as to whether the loan servicer breached the terms of a mortgage agreement when releasing only $16,048.21 of the $82,732.89 in insurance proceeds a woman was awarded to repair vandalism on a property she leased (Beverly Chesser v. Fifth Third Bank N.A., No. 19-081-DCR, E.D. Ky., 2020 U.S. Dist. LEXIS 9701)....