Judge Dismisses RESPA Case After Mortgage Servicer, Borrowers Reach Settlement

(April 1, 2024, 2:11 PM EDT) -- FORT MYERS, Fla. — A federal judge in Florida on April 1 dismissed without prejudice borrowers’ suit claiming that their mortgage servicer violated the Real Estate Settlement Procedures Act (RESPA) by failing to timely pay their flood insurance premiums, resulting in uncovered Hurricane Ian damage to their home after the parties notified the court that they had reached a settlement....