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Plaintiffs fail to establish equitable tolling in another putative RESPA kickback case

On December 11, 2013 by Schnader in Finance

By Monica C. Platt In Riddle v. Bank of America, a judge in the Eastern District of Pennsylvania just granted summary judgment against the plaintiffs in a case alleging that banks and mortgage insurers participated in a “scheme” to pay purported kickbacks in violation of the Real Estate Settlement Procedures Act […]

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Seventh Circuit affirms dismissal of state law claims challenging lender-placed insurance procedures on the basis that they contain alleged “kickbacks”

On November 12, 2013 by Schnader in Finance

By Christopher Reese On November 4, 2013, the Seventh Circuit affirmed the dismissal of a putative class action claiming that a lender and insurance company violated several state laws by allegedly paying and accepting “kickbacks” in connection with the purchase of lender-placed insurance. In so doing, the Seventh Circuit declined to […]

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