Those Certain Underwriters at Lloyd's, London v. Moyer

CourtDistrict Court, D. Maryland
DecidedAugust 29, 2025
Docket1:23-cv-00405
StatusUnknown

This text of Those Certain Underwriters at Lloyd's, London v. Moyer (Those Certain Underwriters at Lloyd's, London v. Moyer) is published on Counsel Stack Legal Research, covering District Court, D. Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Those Certain Underwriters at Lloyd's, London v. Moyer, (D. Md. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

THOSE CERTIN UNDERWRITERS * AT LLOYD’S, LONDON, * Plaintiff/Counter Defendant, * Civil Action No. RDB-23-405 v. * HOME POINT FINANCIAL CORP., * Defendant/Counter Claimant.

* * * * * * * * * * * * * MEMORANDUM OPINION This litigation is presently in the aftermath of the settlement of Moyer et al. v. Mr. Cooper Group, Inc. (“Moyer”), No. RDB-20-3449 (D. Md. filed Nov. 25, 2020). This Court has previously entered an order granting final approval of the settlement in Moyer. Specifically, the instant litigation involves a coverage dispute between Those Certain Underwriters at Lloyd’s, London’s (the “Underwriters”) and its insured, Home Point Financial Corp. (“Home Point”). In brief, the parties the Underwriters and Home Point dispute whether an insurance policy covers the now-settled class action that alleged violations of the Real Estate Settlement Procedures Act, 12 U.S.C. § 2607(a). Presently before the Court in this insurance coverage dispute are three motions: two motions filed by the Underwriters—a Motion for Partial Dismissal of Home Point’s Amended Counterclaim (hereinafter, the “Underwriters’ Motion for Partial Dismissal”) (ECF No. 45)1

1 For clarity, this Memorandum Opinion cites to the ECF generated page number, rather than the page number at the bottom of the parties’ various submissions, unless otherwise indicated. Likewise, this Memorandum and a Motion for Leave to File Amended Complaint (hereinafter, the “Underwriters’ Motion for Leave”) (ECF No. 50) (collectively, the “Underwriters’ Motions”); and one motion filed by non-parties Terry Patterson, Yvonne Mathews, Richard Martin, and Sandra Moyer

(collectively, the “Underlying Class Representatives”)—a Motion for Leave to File Opposition to the Underwriters’ Motion for Leave to File Amended Complaint (hereinafter, the “Underlying Class Representatives’ Motion for Leave”) (ECF No. 51). While the Underlying Class Representatives’ Motion for Leave (ECF No. 51) is moot as the Underwriters have withdrawn its request to rename the Underlying Class Representatives (ECF No. 52 at 1), the Underwriters’ Motions (ECF No. 45; 50) are both opposed by Home Point (ECF No. 47

(Response in Opposition to the Underwriters’ Motion for Partial Dismissal); 53 (Response in Opposition to the Underwriters’ Motion for Leave))), and the Underwriters have filed replies in support of both motions (ECF Nos. 49; 60). The parties’ submissions have been reviewed and no hearing is necessary. Local Rule 105.6 (D. Md. 2025). For the reasons stated below, the Underwriters’ Motion for Partial Dismissal of Home Point’s Amended Counterclaim (ECF No. 45) is DENIED; the Underwriters’ Motion for Leave to File Amended Complaint (ECF

No. 50) is GRANTED; and the Underlying Class Representatives Motion for Leave to File Opposition to the Underwriters’ Motion for Leave to File Amended Complaint (ECF No. 51) is DENIED AS MOOT. BACKGROUND As detailed in this Court’s prior Memorandum Opinion dated March 29, 2024, (ECF

Opinion cites to the ECF generated document number, rather than the exhibit number provided by the parties’ various submissions. No. 36), this case involves a coverage question regarding Policy No. SUA WS20137-2006 (the “Policy”), a professional services liability policy that the Underwriters sold to Home Point on November 12, 2020, for the policy period of October 15, 2020 to October 15, 2021. Through

the instant litigation (the “Coverage Action”), Underwriters and Home Point dispute whether the Policy covers a now-settled class action (the “Underlying Lawsuit” or “RESPA Lawsuit”) pursued against Home Point that alleged violations of the Real Estate Settlement Procedures Act (“RESPA”). Moyer et al. v. Mr. Cooper Group, Inc., No. RDB-20-3449 (D. Md. filed Nov. 25, 2020). The Court provides a brief overview on the background of the Underlying Lawsuit and this Coverage Action as relevant to the Underwriters’ Motions (ECF Nos. 45; 50) below.

I. The Now-Settled Underlying RESPA Lawsuit On October 27, 2020, Sandra Moyer, Richard Martin, Yvonne Matthews, and Terry Patterson filed the Underlying Lawsuit in the Circuit Court for Baltimore City. Moyer, No. RDB-20-3449 (D. Md. Nov. 25, 2020), ECF No. 3. Therein, the Underlying Class Representatives alleged violations of 12 U.S.C. § 2607(a), a RESPA provision that prohibits the payment of referral fees in connection with federally related mortgage loans. Id.

Specifically, the Underlying Class Representatives alleged a kickback scheme between Home Point’s predecessor, Maverick Funding Corporation (“Maverick”), and All Star Title, Inc. (“All Star”), a now-defunct title and settlement services company, whereby Maverick referred residential mortgage loans to All State for title and settlement services in exchange for payments from All Star that were laundered through third-party marketing companies. Id. After Home Point removed the action to this Court based on federal question

jurisdiction on November 25, 2020, Moyer, No. RDB-20-3449 (D. Md. Nov. 25, 2020), ECF No. 1, the Underlying Lawsuit proceeded rather slowly, due in part to other similar cases filed in this District against various lenders alleged to have received and accepted kickbacks from All Star in violation of RESPA. Nevertheless, on June 21, 2024—approximately eight months

after this Court granted the Underlying Class Representatives’ motion for class certification, Moyer, No. RDB-20-3449 (D. Md. Oct. 11, 2023), ECF Nos. 73, 74—the parties in the Underlying Lawsuit filed a Joint Motion for Preliminary Approval of Class Action Settlement of All Claims Asserted Against Mr. Cooper Group, Inc. f/k/a Home Point Financial Corp. f/k/a Maverick Funding Corp., Moyer, No. RDB-20-3449 (D. Md. June 21, 2024), ECF No. 97. Through the proposed settlement, Home Point denied any wrongdoing but agreed to pay

approximately $325,000 to the class (including service awards for the class representatives) and attorneys’ fees and expenses not to exceed $450,000. Id. Following a telephone conference with the parties on July 1, 2024, this Court entered an order preliminarily approving the parties’ settlement. Moyer, No. RDB-20-3449 (D. Md. July 1, 2024), ECF No. 100. Following a final fairness hearing on October 15, 2024, the Court entered an Order granting final approval of the class action settlement. Moyer, No. RDB-20-3449 (D. Md. Oct.

15, 2024), ECF No. 105. II. This Coverage Action On February 13, 2023, the Underwriters initiated the instant insurance dispute in this Court. The Underwriters’ original Complaint (ECF No. 1) sought declaratory judgment that it had no duty to defend or indemnify the Underlying Lawsuit (“Count I of Underwriters’ Original Complaint”). In addition to naming its insured Home Point as a Defendant,

Underwriters’ original Complaint also named the Underlying Class Representatives as Defendants in this Coverage Action. (Id.) On May 11, 2023, the Underlying Class Representatives—excluding Moyer, who does not appear to have been properly served in this matter—moved to dismiss the Underwriters’

Complaint. (ECF No. 10.) On June 12, 2023, Home Point also partially moved to dismiss the Underwriters’ original Complaint insofar as the Underwriters seek a determination that Plaintiff has no duty to pay money damages or a settlement in the RESPA Lawsuit. (ECF No. 11.) That is, according to Home Point, the Underwriters lacked constitutional standing on the question of indemnification during the pendency of the Underlying Class Action. (Id.) With respect to the Underwriters’ request seeking a declaratory judgment that it has no duty to

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