Borrowers Allege Misconduct By Lenders In Force-Placed Insurance Class Action

Mealey's (May 24, 2016, 2:58 PM EDT) -- TRENTON, N.J. — Two borrowers who allege that lenders engaged in wrongful conduct in relation to the sale of force-placed insurance (FPI) on May 12 filed a proposed class action in a New Jersey federal court, asserting violations of the New Jersey Consumer Fraud Act (NJCFA), the Truth in Lending Act (TILA) and other claims (Barbara Bowles, et al. v. Fay Servicing LLC, et al., No. 2:16-cv-02714, D. N.J.).

(Complaint available. Document #50-160526-025B.)

Barbara Bowles and Latasha Jackson filed a class action complaint on behalf of...
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