Class action lawsuit on forced-placed insurance for reverse mortgages gets green light. Judge fails to dismiss suit against CIT Bank,Financial Freedom and 3 insurance companies. Jessica Guerin https://www.housingwire.com/articles/47870-class-action-lawsuit-on-forced-placed-insurance-for-reverse-mortgages-gets-green-light A federal judge in New Jersey denied a motion to dismiss a class action lawsuit over force-placed insurance policies for reverse mortgage borrowers. According to an article… Continue reading Class action lawsuit on forced-placed insurance for reverse mortgages