Class Eligibility

All borrowers in the United States who, from December 1, 2012 to August 9, 2017 (“Settlement Class Period”), inclusive of those dates, were charged by Carrington for a hazard, flood, flood-gap, or wind-only LPI Policy for Residential Property issued by AMIG Defendants and procured by SWBC during the Settlement Class Period and who either (i) paid to Carrington all or part of the Net Premium for that LPI Policy, or (ii) were charged but did not pay and still owe to Carrington the Net Premium for that LPI Policy.

Estimated Amount

Varies

10.5% of the Net Premium charged by Carrington to the claimant during the Class Period for the LPI Policy, provided each Carrington Settlement

Proof of Purchase

Yes

Case Name

Strickland, et al., v. Carrington Mortgage Services, LLC, et al.
Case No. 1:16-cv-25237-JG
United States District Court for the Southern District of Florida

Case Summary

Settling Plaintiffs allege that when a borrower was required to have insurance for his or her property pursuant to a residential mortgage or home equity loan or line of credit, and evidence of acceptable coverage was not provided (for example, when the insurance policy did not exist or had lapsed), Carrington would place insurance in a manner such that Carrington allegedly received an unauthorized benefit. Settling Plaintiffs allege further that Carrington did so primarily to receive “kickbacks” or other consideration from AMIG Defendants and/or SWBC. Settling Plaintiffs also allege that the way in which LPI policies were obtained and placed caused the charges to borrowers attributed to premiums and the amount of coverage to be excessive.

Carrington, AMIG Defendants, and SWBC expressly deny Settling Plaintiffs’ allegations and assert their actions were and are fully authorized under the mortgage instruments and by law. They also expressly deny that they did anything wrong. There has been no court decision on the merits of this case and no finding that Carrington, AMIG Defendants, or SWBC committed any wrongdoing.

Settlement Pool

N/A

Deadline

03/28/18

Contact


Strickland LPI Settlement
PO Box 6878
Broomfield, CO 80021
1-844-632-0308

16 responses to “Carrington Mortgage Force-Placed Insurance Class Action Settlement”

  1. Rose Quinones says:

    I would like to get rebates for the products I purchased.
    Thank You.

    Sincerely,

    Rose Marie Quinones

    ADMIN – Hi Rosie,

    To get settlements you must first locate products you have purchased on our page and then file a claim

  2. Barbara says:

    Question? So was it lawful to backdate the force placed insurance 8 mo ths, homeowner had no odea they wete wirhout homeowners as the Regular insurance company sent Csrrington a bill & Carrinfton did not pay it
    The overpriced Force Placed Ins put the homeowner in a hardship

    ADMIN – Hi Barbara,

    I have no idea what you are trying to ask.

    • David says:

      I believe I’m having the same issue. I purchased insurance out of pocket for this past year. The insurance company notified Carrington and I faxed the insurance info myself as well. Carrington claims they never received and placed forced insurance on my mortgage charged to my escrow account. I essentially paid two Insurance companies for the entire year. This is made worse by the fact I expected to pay less monthly on my mortgage to replenish the out of pocket insurance which was on my credit card gaining interest, or that money could have gone toward principal on my loan.

  3. Gislaine Telfort says:

    What is the updates on this settlement? I know that they a hearing sometime in January for finally approval.

    Thanks,
    Gislaine

    ADMIN – Hi Gis,

    The deadline has not passed.

  4. Steve says:

    I had a mortgage through bank of America and now Carrington mortgage have taken it over n Feb. 2018. My monthly payment have gone up $123.00 and they’re sending foreclosure letters. Does anyone have or had this problem with them and what was done to correct this.

    ADMIN – Hi Steve,

    Have you asked why your payment went up?

  5. Gislaine Telfort says:

    When will they send out the reimbursement check?

    ADMIN – Hi Gis,

    They have not updated their website to indicate the potential date to begin sending checks out.

  6. Sherri Mills says:

    Whst is the status on the hearing?

    ADMIN – Hi Sheri,

    Have you checked with the class action administrator?

    • Sherri Mills says:

      No, who might that be?

      ADMIN – Hi Sherri,

      As indicated above the admin is

      Strickland LPI Settlement
      PO Box 6878
      Broomfield, CO 80021
      1-844-632-0308

  7. Jerry Noelsaint says:

    I sent my information in and haven’t received a response. Please help

    ADMIN – Hi Jerry,

    I don’t think this settlement has been distributed yet. You can reach out to the class action administrator to obtain an update.

    • Johanna says:

      Same here. We mailed in the paperwork that we received for this class action suit against Carrington well over a year ago and haven’t heard anything since. I had actually totally forgotten about it until I just read something about it and realized we never heard back. Hoping we hear something soon.

      ADMIN – Hi Johana,

      To check on the status of your claim reach out to the class action administrator.

  8. Kim says:

    Just wondering if or when will settlement checks will be issued about how long does it usually take after settlement been approved thank you

    ADMIN – Hi Kim,

    The deadline is too recent to have an update.

  9. Mike says:

    It’s been two months, how long till they send out checks?

    ADMIN – Hi Mike,

    On occasion it can take years for a settlement to be approved and paid.

  10. Jerry says:

    If a settlement has been reached what’s the update ?

    ADMIN – Hi Jerry,

    The Court will hold a hearing on January 22, 2018, to determine whether to approve the Settlement. If the Court approves the Settlement, there may be appeals after that. It is always uncertain when any appeals, if filed, will be resolved. Cash payments will be mailed after the Settlement becomes final and effective, which means after all appeals have been resolved.

    Please be patient.

  11. A. Brown says:

    Is there an update on the settlement issue date and the amount? There have been no updates

    ADMIN – Hi Mrs. Brown

    We don’t have any at the moment.

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