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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Consumer Law: Home Equity Loan-Imposition of Lender Insurance-Evidence of Agreement

Consumer Law: Home Equity Loan-Imposition of Lender Insurance-Evidence of Agreement

Plaintiff filed suit against his mortgagee, alleging it illegally imposed lender insurance for plaintiff’s failure to obtain mortgage insurance and further alleging the mortgagee improperly reneged on a rate-reduction agreement between plaintiff and the mortgagee’s predecessor. The district court dismissed the first claim, finding plaintiff had notice of a global settlement releasing such claims. Where documents ...
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