The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
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Items Tagged with 'U.S. Supreme Court'

ARTICLES

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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Supreme Court favors Quicken Loans in RESPA fee-splitting case

Kerri Ann Panchuk
The U.S. Supreme Court ruled unanimously in favor of Quicken Loans, holding that the lender could charge loan discount fees under the Real Estate Settlement Procedures...
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CFPB to focus on disparate impact claims

Kerri Ann Panchuk
The Consumer Financial Protection Bureau said it will use all available legal avenues to deal with predatory lending, including "disparate impact" claims when bringing cases under...
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