Tag Archives: Supreme Court

On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.

The U.S. Supreme Court has taken up the case of Collins v. Mnuchin, which will determine whether the leadership structure of the Federal Housing Finance Agency (FHFA) violates ...

Opening arguments began Tuesday in a case that could decide the fate of the Bureau.

The Supreme Court will decide the constitutionality of the Bureau that was created in the wake of the Great Recession.

The Supreme Court has agreed to hear a case that could have implications regarding the constitutionality of the Consumer Financial Protection Bureau. Last week the Supreme Court agreed to hear ...

The Supreme Court ruled Monday in a unanimous decision that the Fair Debt Collection Practices Act did not extend its reach to entities that purchase defaulted loans on the secondary market. The petitioners brought their case in front of the Supreme Court in an appeal of the 4th Circuit Court ruling in favor of the respondent. Justice Neil Gorsuch delivered his first opinion since his conferral to the Court.

Debt collectors that knowingly pursue stale debt in bankruptcy proceedings do not run the risk of facing potential consumer protection lawsuits, accoridng to a Supreme Court ruling. The ruling came after the high court voted 5-3 to overturn an Eleventh Circuit decision which had found Midland Funding LLC, a purchaser of unpaid debt, potentially liable under the Fair Debt Collection Practices Act.

The Supreme Court found that the Miami's claims against Bank of America and Wells Fargo fell within the “zone of interests” established by the Fair Housing Act (FHA), which means that Bank of America and Wells Fargo’s practices had led to decreases in tax revenue and increased costs for maintaining foreclosed properties. What are the implications of this finding? We hear from industry lawyers to find out.

The presidential election was not the only major government activity happening in Washington, D.C. on Tuesday.

The U.S. Supreme Court recently decided to deny revival of a suit involving allegedly false statements made about toxic residential mortgage-backed securities by Standard & Poor’s rating agency.