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Real Estate & Property Law

: The Home Equity Theft Reporter

NY AG Scores Big Win As Supremes Reverse Lower Courts, Give Go-Ahead To States To Pursue Probes Of National Banks For Lending Discrimination

By r morris

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The Wall Street Journal reports:In a surprise win for state regulators over the banking industry, a divided U.S. Supreme Court on Monday gave New York prosecutors the green light to investigate national banks for lending discrimination. The high court, in a 5-4 opinion by Justice Antonin Scalia, said federal banking regulations didn't pre-empt the ability of states to enforce their own

Full post as published by The Home Equity Theft Reporter on June 30, 2009 (boomark / email).

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