Keller Rohrback’s investigation focuses on alleged abuses by Bank of America and JPMorgan Chase, among others, such as: failing to pay for hazard insurance out of the borrower’s escrow funds, charging homeowners for unnecessary insurance, backdating policies providing coverage retroactively, utilizing their own subsidiaries to provide the hazard insurance, and purchasing policies from companies who share fees or profits with the servicers—often without disclosing this information to the borrower. Keller Rohrback is also investigating the force-placed insurance practices of the following mortgage loan servicers:

Source: Keller Rohrback L.L.P.

Related posts:

1. WA STATE: Keller Rohrback L.L.P. Announces Class Action Complaint Filed Against EMC Mortgage Corp. and The Bear Stearns Companies LLC PACHECO v. EMC Mortgage Corp & The Bear Stearns Companies...
2. Mortgage Fraud…Ally Financial (GMAC), Bank of America, Citibank, JPMorgan, OneWest, Wells Fargo: By Lynn Szymoniak, Esq. Mortgage Fraud Ally Financial/GMAC Bank of America Citibank JP Morgan...
3. [NYSC] Judge Orders JPMorgan Chase “TO SHOW CAUSE”: JPMORGAN CHASE v. SCISSURA JP Morgan Chase Bank, N.A., -against- Carlo Scissura Excerpt: why...
4. Indiana Appeals Court Reverses Judgment “No Summons, Ocwen Instigates Foreclosure, Chase Satisfies Mortgage” ELLIOT v. JPMORGAN CHASE MARILYN L. ELLIOTT and MICHAEL S. ELLIOTT, vs. JPMORGAN CHASE...
5. READ ORDER | JPMorgan loses court ruling over ‘loan putbacks’ Syncora Guarantee Inc v. EMC Mortgage Corp You can read about this from REUTERS * Syncora can...