Mortgagor Argues Against Dismissal Of Suit Over Loan, Force-Placed Insurance

Mealey's (March 24, 2022, 12:55 PM EDT) -- SACRAMENTO, Calif. — Opposing motions by defendants to dismiss his putative class suit, a property owner on March 21 submitted various arguments to a California federal court to support his allegations of unfair and deceptive practices connected to home mortgage loan servicing and that a reinsurance program does not serve a legitimate purpose; those arguments included that he met the pleading standards for a fraud by omission suit and that U.S. Department of Housing and Urban Development regulations apply....