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Action required California DFPI CA Aug 23, 2026

California Multistate Settlement with NewRez LLC

A multistate settlement with NewRez LLC was announced on August 12, 2026, regarding improper charges for force-placed insurance.

A multistate settlement with NewRez LLC was announced on August 12, 2026, regarding improper charges for force-placed insurance.

What changed

NewRez will pay $15.5 million, with over $4.5 million already remediated.

Compliance perspective

Entities should ensure transparency in insurance-related charges to avoid violations.

Key date

Effective date: August 12, 2026.

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More regulatory updates

Other recent rule changes our team is tracking.

  • Action Minnesota Department of Commerce MN Oct 3, 2026

    NewRez LLC Enforcement Settlement Over Insurance Charges

    The Minnesota Department of Commerce announced its participation in a $15. 5 million settlement with NewRez LLC over improper force-placed insurance charges.

    Read explainer
  • Watch NYDFS NY Sep 30, 2026

    Proposed 3rd Amendment to 11 NYCRR 154

    NYDFS published the proposed 3rd amendment to regulation 154, with a comment deadline set for November 23, 2026. This proposed amendment relates to insurance regulations.

    Read explainer
  • Action Connecticut Department of Banking CT Sep 15, 2026

    Connecticut Multistate Settlement with NewRez LLC

    On September 1, 2026, Connecticut announced a multistate settlement with NewRez LLC related to noncompliance with lender-placed insurance rules.

    Read explainer