One of the nation’s largest mortgage servicers is paying millions of dollars to settle charges it imposed insurance costs on borrowers who already had homeowners insurance policies. Forty-eight state financial agencies reached a $15.5 million settlement with NewRez LLC for …
Same Goal, Different Pressures: Building Managed Repair Partnerships on Mutual Understanding
The premise of managed repair is straightforward: rather than insurance carriers reimbursing policyholders directly for property damage, carriers refer claims to a managed repair program.
