PHH Mortgage Service Kickback Settlement
PHH Corp. has agreed to a $29.5 million class action settlement — after 17 years of litigation — to resolve allegations that it violated the Real Estate Settlement Procedures Act (RESPA) by requiring private mortgage insurers to enter kickback-generating captive reinsurance agreements. Eligible borrowers may receive $875 per qualifying loan. File your claim by August 11, 2026.
What Is This Case About?
The lawsuit, Munoz, et al. v. PHH Corp., et al., Case No. 1:08-cv-00759, alleges that PHH Corp. and its affiliates violated RESPA’s anti-kickback provisions by requiring private mortgage insurers — to whom PHH referred PMI business — to enter into captive reinsurance agreements with Atrium Insurance Corp., a reinsurer owned by PHH. This allowed PHH to extract kickbacks from those insurers at the expense of borrowers.
Who Is Eligible?
People who obtained residential mortgage loans originated and/or acquired by PHH and/or its affiliates from January 1, 2007 through December 31, 2009, where the loan included private mortgage insurance (PMI) within PHH’s captive mortgage reinsurance agreements.
How Much Can You Receive?
A flat $875 cash payment per eligible loan (subject to court-approved fees and administration costs).
How to File Before the Deadline
Submit your claim through the official PHH Mortgage Insurance Settlement website. You will need the Unique ID and PIN provided by the administrator.
View this settlement on OpenClassActions.com for additional details.
- Claim Deadline: August 11, 2026
- Settlement Amount: $29.5 million
- Payment Per Loan: $875
- Case Type: RESPA violation — mortgage insurance kickbacks
OpenClassActions.org is not affiliated with PHH Corp. or the settlement administrator. This page is for informational purposes only and does not constitute legal advice.