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Home » Store » News » SCOTUS Rejects Pleas to Consider Broker Fee, Markup Decisions

SCOTUS Rejects Pleas to Consider Broker Fee, Markup Decisions

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The U.S. Supreme Court refused to review three landmark Circuit Court decisions related to the Department of Housing and Urban Development’s interpretation of the Real Estate Settlement Procedures Act. Seen as major victories for mortgage lenders, the two cases, Heimmermann v. First Union and Hirsch v. Bank of America broke the cycle of conflicting court decisions that made the legality of YSPs confusing to lenders and borrowers.
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