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:
|Aurora Loan Services||IndyMac Mortgage Services|
|Downey Savings & Loan||Litton Loan Servicing LP|
|EMC Mortgage Corp.||Nationstar Mortgage LLC|
|GMAC Mortgage, Inc.||Saxon|
|HSBC||SunTrust Mortgage, Inc.|
Source: Keller Rohrback L.L.P.© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.