Arguments Progressing in Two RESPA Cases Under Review at the U.S. Supreme Court
December 15, 2011
Two significant issues related to the Real Estate Settlement Procedures Act have received fresh attention at the Supreme Court, which is expected to make landmark rulings next year. The U.S. Solicitor General and a group of state attorneys general filed briefs in Freeman v. Quicken Loans, a case in which the high court will likely determine the ability of the mortgage lending industry to decide what to charge borrowers at the point of origination. RESPA Section 8(b) provides that no person shall give and no person shall accept any portion, split or percentage of...