Lone Claim Remains In Borrower Suit Over Flood Insurance Determination

Mealey's (November 16, 2021, 1:48 PM EST) -- SPRINGFIELD, Mo. — A federal judge in Missouri on Nov. 10 dismissed a majority of claims brought by borrowers against their mortgage lender and mortgage loan servicer, ruling that the borrowers have failed to sufficiently plead that the defendants are liable for the original lender’s failure to provide information it obtained during an appraisal showing that the borrowers’ home was located in a flood zone....