Borrower’s Claims In Force-Placed Insurance Suit Dismissed As Conclusory

Mealey's (August 26, 2022, 11:35 AM EDT) -- ST. CROIX, Virgin Islands — A federal judge in the Virgin Islands on Aug. 25 ruled that a borrower has failed to sufficiently state any of her 15 claims against her mortgage loan servicer to support her allegations that the loan servicer breached the terms of a mortgage agreement and violated federal and Virgin Islands law by failing to cover property damage claims under the terms of a force-placed insurance policy the servicer required the borrower to maintain....