Sun Trust Mortgage Class Action Settlement

Was your mortgage serviced by SunTrust Mortgage between April 1, 2008 and June 18, 2014? If your mortgage was serviced AND you were charged for force placed hazard, flood, or wind insurance issued by QBE, or a subsidiary/affiliate during this time period, you may be eligible to received compensation as a class member as part of an alleged insurance kick back scheme.

You can learn more details about the class action suit HERE.

SunTrust denied liability, but settled the force-placed insurance class action lawsuit to avoid the uncertainty of continued litigation and legal expenses.

Until Next Time,

Craig Turley

Craig Turley is a mortgage and finance consultant located in Scottsdale, AZ.  He has 20 years professional business, finance, and management experience as an entrepreneur and corporate executive, directly funding over $1 Billion in mortgage loans.  Craig is a 1993 graduate of the University of Arizona with a degree in Business Administration, emphasis finance. 

H/T:  Solitude Canyon Investment Advisors