December 19, 2025
After 17 years of litigation, a certified class of homeowners got the final stamp of approval in California federal court for a $29.5 million settlement with PHH Mortgage and its captive reinsurer, both of which homeowners alleged received unlawful kickbacks from premiums paid for mortgage insurance.
October 12, 2016
Borrowers claiming PHH Corp. and a subsidiary received kickbacks from the premiums paid for mortgage insurance told a California federal judge Tuesday to end the class action case in their favor, saying that no genuine dispute of fact remains.
September 12, 2016
Following extensive fact-finding in the wake of class certification for borrowers alleging PHH Corp. and a subsidiary received kickbacks from the premiums borrowers paid for mortgage insurance, the lender urged a California federal court Friday to end the case over a lack of common evidence.
June 11, 2015
A California federal judge on Wednesday certified a class of borrowers who say mortgage lender PHH Corp. violated the Real Estate Settlement Procedures Act by scheming with its captive reinsurer Atrium Insurance Corp. to receive kickbacks from the premiums borrowers paid for mortgage insurance.
May 31, 2013
A proposed class of borrowers who have accused mortgage lender PHH Corp. of a reinsurance kickback scheme objected Thursday to a California federal judge's recommendation to certify the suit, saying she improperly excluded more than 50,000 borrowers from the class definition.
May 16, 2013
A California magistrate judge on Tuesday recommended certifying a class of borrowers claiming that mortgage lender PHH Corp. used a shady reinsurance scheme to rake in an unlawful cut of the premiums they paid for mortgage insurance, finding the U.S. Supreme Court's recent Comcast ruling didn't create a barrier to certification.
February 02, 2010
Homebuyers are seeking class certification in a suit accusing mortgage lender PHH Corp. of working with its captive reinsurer Atrium Insurance Corp. to receive an unlawful cut of the premiums its borrowers paid for private mortgage insurance.