Judge Denies Joinder In Class’s Anti-Kickback Suit Over Captive Reinsurance

Mealey's (April 3, 2020, 2:22 PM EDT) -- FRESNO, Calif. — A class of mortgagers on April 1 saw their efforts to have an alleged “successor in interest” to a mortgage company joined to their lawsuit alleging anti-kickback violations tied to the requirement of having private mortgage insurers enter into captive reinsurance agreements with the mortgage company’s affiliated “reinsurer” denied (Efrain Munoz, et al. v. PHH Mortgage Corp., et al., No. 08-759, E.D. Calif., 2020 U.S. Dist. LEXIS 57575)....