JPMorgan Chase named in forced place insurance class action lawsuit

June 30, 2011 by

A class action lawsuit has been filed against JPMorgan Chase Bank, N.A. in the United States District Court for the Northern District of California.  The case is entitled Patricia McNeary-Calloway v. JPMorgan Chase Bank, N.A. and Chase Bank USA, N.A., Class Action Case No. 11-CV-3058).  The complaint alleges that JPMorgan Chase required homeowners who have or had residential mortgage loans originated and/or serviced by JPMorgan Chase to pay forced-placed hazard insurance policies, purportedly in violation of the Real Estate Settlement Procedures Act of 1974 (“RESPA”).  The complaint also alleges those acts constitute a breach of contract, violation of California’s unfair competition law, and unjust enrichment.

The JPMorgan Chase forced place insurance class action lawsuit complaint is brought on behalf of the following putative class of persons:

A nationwide class consisting of all persons who have or had a residential mortgage loan or line of credit with JP Morgan, Chase Bank or Chase Home Finance and had hazard insurance force-placed upon the secured property by JP Morgan, Chase Bank or Chase Home Finance, between June 16, 2007, and the date of final disposition of the action; and

The class action seeks to certify a statewide class consisting of the following putative class of persons:

A California class consisting of all persons who have or had a residential mortgage loan or line of credit with JPMorgan, Chase Bank or Chase Home Finance secured by property located in the State of California and had hazard insurance force-placed upon the secured property by JPMorgan, Chase Bank or Chase Home Finance, between June 16, 2007, and the date of final disposition of the action.

For more information on the JPMorgan Chase forced place insurance class action lawsuit, read the JPMorgan Chase forced place insurance class action lawsuit complaint.

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, consumer cases, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, employment matters, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.

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