Wednesday, June 6, 2012

4 Things You MUST Know About the Supreme Court?s Recent Ruling on Transaction Fees

The Supreme Court’s rulings have a habit of disappearing in the daily news cycle, but its most recent ruling could have a transformative effect on the entire real estate landscap.
The ruling for Freeman et. al. v. Quicken Loans, deserves some examination ? there are four things you must know about it.
First, some backstory: Brought by a number of homeowners against Quicken Loans, the lawsuit alleged that the lender charged unearned fees for work it did not provide. But the Court ruled in unanimous favor of Quicken Loans and stated that ...

Source: http://feedproxy.google.com/~r/chicagoagentmagazine/news/~3/vogZuLfwitA/

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