For individuals who were charged by RoundPoint Mortgage Servicing Corporation under an LPI Policy for Residential Property between Nov. 1, 2012 and Oct. 12, 2018 and either paid the net premium for that policy or still owe the net premium for that policy, then you are eligible for a potential award from the RoundPoint Mortgage Lender Placed Insurance Class Action Lawsuit!
According to the lawsuit, the mortgage company received illegal kickbacks for implementing lender-placed insurance (LPI) policies through Great American E&S Insurance Company. RoundPoint Mortgage Servicing Corporation’s denies all acts of allegations, however, they have agreed to settle the class-action lawsuit in order to avoid the further risk and cost of ongoing litigation. So if you are eligible, file a claim by May 13, 2019 to receive your potential award!
RoundPoint Mortgage Lawsuit
- RoundPoint Mortgage Lender Placed Insurance Claim Form
- Claim Form Deadline: May 13, 2019
- Who’s Eligible: Individuals who were charged by RoundPoint Mortgage Servicing Corporation under an LPI Policy for Residential Property between Nov. 1, 2012 and Oct. 12, 2018 and either paid the net premium for that policy or still owe the net premium for that policy.
- Estimated Amount: 6.75 percent of the net premium charged under the LPI policy.
- Proof of Purchase: N/A
- Case Name & Number: Belanger v. RoundPoint Mortgage Servicing Corporation, Case No. 1:17-cv-23307- MGC, in the U.S. District Court for the Southern District of Florida
How To File a Claim
- Head over to the RoundPoint Mortgage Lender Placed Insurance Claim Form.
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by May 13, 2019 to receive your potential award!
Bottom Line
For individuals individuals who were charged by RoundPoint Mortgage Servicing Corporation under an LPI Policy for Residential Property between Nov. 1, 2012 and Oct. 12, 2018 and either paid the net premium for that policy or still owe the net premium for that policy, then you are eligible for a potential award from the RoundPoint Mortgage Lender Placed Insurance Class Action Lawsuit! According to the lawsuit, the mortgage company received illegal kickbacks for implementing lender-placed insurance (LPI) policies through Great American E&S Insurance Company. So if you are eligible, file a claim by May 13, 2019 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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