R.I. receiving $77K from multistate settlement with mortgage servicer

RHODE ISLAND will receive $77,000 from a multistate $15.5M NewRez settlement over improper force-placed insurance. / PROVIDENCE BUSINESS NEWS FILE PHOTO

PROVIDENCE – Rhode Island will receive about $77,000 as part of a $15.5 million multistate settlement with NewRez LLC over the mortgage servicer’s improper use of force-placed insurance, according to the R.I. Department of Business Regulation. The settlement, reached by financial regulators in 47 states and the District of Columbia, resolves findings that NewRez improperly

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

No posts to display