Action requiredConnecticut Department of BankingCTSep 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.

What changed

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

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

Effective date: August 31, 2026.

Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

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