Appeals court revives class-action suit against Nationstar for redundant flood insurance

2. If you file an appeal on any issue, that issue is no longer subject to resolution by appraisal or other pre-litigation remedies. 3. If you file suit against an insurer on the flood insurance claim issue, you are prohibited from filing an appeal. All appeals submitted for decision but not resolved shall be terminated

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Appeals court revives class-action suit against Nationstar for redundant flood insurance . Appeals court revives class-action suit against Nationstar for redundant flood insurance . A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations from a reverse mortgage borrower that it violated Florida law by charging homeowners for unnecessary flood insurance.

HousingWire, May 13, 2019–Jessica Guerin In a unanimous decision, judges in the 11th Circuit Court of Appeals revived part of a Florida condo owner’s claims against Nationstar, accusing the servicer of ripping off borrowers by unnecessarily placing flood insurance on their properties for which they were charged thousands of dollars.

Nationstar got the court paperwork but not enough for these wolves.. from my HOA that defines that in the state of FL the HOA hazard insurance/flood insurance covers the interior walls and electrical.. years ago and I still get angry thinking about it. If there is a class action suit.

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The suit is the third putative class action Alhassid has filed against Nationstar over the loan. As part of that reverse mortgage, Nationstar had the right to buy and charge Alhassid for flood.

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