For individuals who have received a mortgage from Specialized Loan Servicing LLC between January 1, 2011 and October 31, 2018 and were charged for a hazard, flood, flood gap, or wind-only lender placed insurance may receive potential compensation thanks to the Specialized Loan Servicing LPI Class Action Lawsuit!
According to the lawsuit, instead of homeowners directly paying the insurance companies, the lender puts a policy into place, pays the premiums, and charges those premiums to homeowners. Although there is nothing illegal with this, plaintiffs claim that Specialized Loan Servicing accepted illegal kickbacks from insurance companies.
If you’re eligible for this class action lawsuit, be sure to submit your claim form by July 1, 2019.
Specialized Loan Servicing LPI Class Action Lawsuit
- Specialized Loan Servicing LPI Claim Form
- Claim Form Deadline: July 1, 2019
- Who’s Eligible: Mortgage borrowers who were charged by Specialized Loan Servicing for a hazard, flood, flood gap, or wind-only lender placed insurance between Jan. 1, 2011 and Oct. 31, 2018.
- Estimated Amount: 3% – 6% of the net premium paid.
- Proof of Purchase: A copy of a SLS mortgage statement, a valid form of identification and a partial Social Security number is required when submitting a claim.
- Case Name & Number: Smith v. Specialized Loan Servicing LLC, et al., Case No. 3:17-cv-06668-BRM-DEA, in the U.S. District Court for the District of New Jersey
File a Claim
- Head over to the Specialized Loan Servicing LPI Claim Form
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by July 1, 2019 to receive your potential award!
Bottom Line
If you’re an individual who has been affected by Specialized Loan Servicing LLC between January 1, 2011 and October 31, 2018, be sure to submit your claim form and receive your potential compensation from the Specialized Loan Servicing LPI Class Action Lawsuit!
Claimants have until July 1, 2019 to submit their claim form. Proof of purchase is required so make sure you gather the necessary information before submitting.
 | BMO Relationship Checking: Earn $600 cash bonus when you open a new Relationship Checking Account and have a total of at least $7,500 in qualifying direct deposits within the first 120 days. Learn More---BMO Relationship Checking Review |
 | U.S. Bank Smartly® Checking: Earn up to $1,000 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through September 6, 2023. Member FDIC. Apply Now---U.S. Bank Checking Review |
 | Discover Online Savings Account: Earn $200 Bonus/$150 Bonus with promo code HMB923 by 12/14/2023 along with a competitive interest rate of 4.30% APY. Fund your first savings account with a minimum of $25K within 30 days of account open date to earn the $200 Bonus (fund $15K to earn $150 bonus). No minimum opening deposit, no minimum balance requirement, and no monthly fees. See advertiser website for full details. Apply Now---Discover Savings Review |
 | Chase Private Client: Enjoy up to $3,000 bonus when you open a new Chase Private Client Checking account with qualifying activities. Get more from a personalized relationship when you open a new Chase Private Client Checking account with qualifying activities. Learn More---Chase Private Client Review |
B of A sold my mortgage to SLS saying I was 9 months behind then SLS claimed I was 5 months behind. I sent SLS in Colorado a copy of my payment history once they received it they said oh we thought you were in foreclosure days later they sold my home. I wasted money in court fighting to get my house back wasn’t working spent over $85,000 in storage, homeless trying to keep my possessions loosing classic cars and broken items.
call your state attorneys off and also the federal government good luck
Why are they able to do this? They are screwing with my loan, what can I do?
I would like to file a claim, please send me a claim form ASAP. You may email it to me.
SLS are crooks!