Rothstein v. GMAC Mortgage, LLC et al

  1. April 04, 2014

    Force-Placed Insurance Rate Defense Advances To 2nd Circ.

    Balboa Insurance Co. won permission Thursday to mount a rare interlocutory appeal against a racketeering class action alleging it bribed GMAC Mortgage LLC for the right to provide force-placed hazard coverage, setting up a Second Circuit showdown over whether the suit fails because its premium rates are state-approved.

  2. November 22, 2013

    Insurer Seeks Limited Appeal In GMAC Kickback Action

    Balboa Insurance Co. on Thursday asked a New York federal judge to let it appeal her ruling barring its argument that government-approved premiums are unassailable in a class action alleging it paid GMAC Mortgage LLC kickbacks for force-placing policies, saying the matter is too important to await a final judgment.

  3. September 30, 2013

    GMAC Force-Placed Insurance Class Action Gets Judge's OK

    A New York federal judge on Monday upheld a racketeering class action targeting kickbacks Balboa Insurance Co. allegedly paid to GMAC Mortgage LLC for force-placing hazard insurance policies, saying the lender may have gouged borrowers when demanding reimbursement for coverage.

  4. May 02, 2012

    GMAC Insurance Scheme Bilked Homeowners, Suit Claims

    GMAC Mortgage LLC was hit Monday with a putative class suit in New York alleging it received kickbacks from a hazard insurer that forced homeowners to obtain expensive policies, joining the ranks of top lenders to face such claims.