United States Third Circuit

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Fried v. JP Morgan Chase & Co, 16-3069

In a suit by a homeowner with a modified mortgage. alleging the lender wrongfully extended her mortgage insurance premiums, the district court's decision is affirmed where a servicer may not rely on an updated property value, estimated by a broker, to recalculate the length of a homeowner's mortgage insurance obligation following a modification, and instead the ending of that obligation must remain tied to the initial purchase price of the home.

Appellate Information

  • Argued
  • Submitted
  • Decided
  • Published 2017/03/09

Judges

  • AMBRO

Court

  • United States Third Circuit

Counsel


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