U.S. Bank, American Security Insurance named in Minn. class action complaint

Published March 12, 2015 3:52pm ET



MINNEAPOLIS (Legal Newsline) – A major bank is being sued over claims it abused its right to force borrowers to purchase mortgage insurance.

Mary Jo Muellner and Gregory R. Mullner filed the class action lawsuit on Jan. 28 against U.S. Bank alleging the bank placed insurance coverage limits that exceeded the unpaid balance of the mortgage. The case was originally filed in state court in Hennepin County, but the defendants have removed it to U.S. District Court for the District of Minnesota.

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