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Action required 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.

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

What changed

NewRez LLC is required to pay $15.5 million in administrative costs and penalties as part of the settlement.

Compliance perspective

Compliance officers must ensure adherence to RESPA and Regulation X requirements to avoid similar issues.

Key date

Effective date: August 31, 2026.

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  • Action Connecticut Department of Banking CT Sep 15, 2026

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

    Read explainer