Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
W S

Items Tagged with 'U.S. Supreme Court'

ARTICLES

Supreme Court ruling makes mortgage loan officers eligible for overtime

MBA "disappointed" in ruling
Ben Lane
A ruling by the Supreme Court is set to change how mortgage loan officers are paid. Here's what the court ruled, why it matters and how it will impact the industry.
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U.S. Supreme Court rejects RBC and Nomura mortgage suit appeal

Case stems from collapse of two credit unions
Brena Swanson
The U.S. Supreme Court turned away an appeal by four banks, in a case stemming from the collapse of two credit unions that owned more than $1.7 billion in mortgage-backed securities.
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Supreme Court agrees to consider case on rescinding mortgage loans

Due to lack of Truth in Lending Act disclosures
Ben Lane
The Jesinoskis' lawsuit claims that when their loan was closed, Countrywide did not provide all of the disclosures required by the Truth in Lending Act. Their suit states that they were not provided with two copies of a “Notice of Right to Cancel” and two copies of a “Truth in Lending Disclosure Statement.” They later acted to rescind their loan and were denied by the bank.
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Disparate impact case settles, leaving lenders back where they started

Firms had hoped for a Supreme Court decision
Kerri Ann Panchuk
Lenders looking for a U.S. Supreme Court decision on the legal theory of disparate impact in lending discrimination cases will have to wait until another case reaches the nation’s highest court to get clarity. And that could take months – even years, if at all.
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CFPB leader not backing down on lending discrimination cases

Disparate impact legal theory stands for now
Kerri Ann Panchuk
Unless the U.S. Supreme Court steps in, the Consumer Financial Protection Bureau will continue to view disparate impact as the appropriate legal theory to use when working on lending discrimination cases against banks.
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Supreme Court to hear case tangentially related to CFPB director post

Kerri Ann Panchuk
The U.S. Supreme Court agreed to review an appellate court case that invalidated several of President Obama’s recess appointments to the National Labor Relations Board.While the...
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Supreme Court refuses to hear Goldman Sachs RMBS case

Kerri Ann Panchuk
The U.S. Supreme Court punted on a chance to hear a case that could have a significant impact on the scope and size of residential mortgage-backed...
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Court of Appeals rules on borrower rescission rights

Megan Hopkins
Three years after loan consummation, a borrower is able to file a lawsuit seeking rescission as long as the borrower has sent a written notice of...
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Disparate impact case comes back to haunt DOJ

Kerri Ann Panchuk
A U.S. Justice Department attorney is taking heat from several lawmakers who believe he may have played a role in pushing a key housing discrimination case...
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Supreme Court passes on RESPA case

Kerri Ann Panchuk
The U.S. Supreme Court disappointed the mortgage finance and settlement services industries by refusing to deliver an opinion in a well-known Real Estate Settlement Procedures Act...
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