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Action required Massachusetts Division of Banks MA Aug 22, 2026

Multi-State Settlement with NewRez LLC

On August 12, 2026, a multi-state settlement was reached with NewRez LLC for $15. 5 million over improper charges on homeowners.

On August 12, 2026, a multi-state settlement was reached with NewRez LLC for $15.5 million over improper charges on homeowners.

What changed

NewRez LLC agreed to a settlement addressing improper force-placed insurance charges.

Compliance perspective

Companies must ensure compliance with insurance-related regulations to avoid penalties.

Key date

Effective date: August 12, 2026.

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    On August 12, 2026, a multi-state settlement was reached with NewRez LLC for $15. 5 million over improper charges on homeowners.

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