Residential Credit Solutions Force-Place Insurance Class Action Settlement

Class Eligibility

All borrowers in the United States who, from January 1, 2008 to August 9, 2017 (“Settlement Class Period”), inclusive of those dates, were charged by RCS for a hazard, flood, flood-gap, or wind-only LPI Policy for Residential Property issued and/or procured by Insurer Defendants during the Settlement Class Period and who either (i) paid to RCS all or part of the Net Premium for that LPI Policy, or (ii) were charged but did not pay and still owe to RCS the Net Premium for that LPI Policy.

Estimated Amount


Insurer Defendants have agreed to pay a cash award in the amount of 6% of the Net Premium charged by RCS to the claimant during the Class Period for the LPI Policy, provided that each RCS Settlement Class Member timely submits a valid and properly completed Claim Form and a form of verification of their identity, and either paid a part of or still owes the premium to RCS. Each RCS Settlement Class Member must submit a Claim Form to be eligible to receive a payment. Insurer Defendants also have agreed to injunctive relief from which you may benefit.

Proof of Purchase


Case Name

Strickland, et al., v. Carrington Mortgage Services, LLC, et al.
Case No. 1:16-cv-25237-JG

United States District Court for the Southern District of Florida

Case Summary

Plaintiffs allege that when a borrower was required to have insurance for his or her property pursuant to a residential mortgage or home equity loan or line of credit, and evidence of acceptable coverage was not provided (for example, when the insurance policy did not exist or had lapsed), RCS would place insurance in a manner such that RCS allegedly received an unauthorized benefit. Plaintiffs allege further that RCS did so primarily to receive consideration from the Insurer Defendants. Plaintiffs also allege that the way in which LPI policies were obtained and placed caused the premiums and the amount of coverage to be excessive.

Settlement Pool





Sekula LPI Settlement

PO Box 6878

Broomfield, CO 80021