LAW ALERT – Supreme Court Finds City Standing Against Banks’ Predatory Lending Practices Against Residents

In a 5-3 decision, the U.S. Supreme Court concluded that the City of Miami, Florida was an “aggrieved person” for purposes of the federal Fair Housing Act (FHA), and so its complaint against Bank of America Corporation and Wells Fargo & Co. (the Banks) should be reviewed to determine whether Miami’s injuries were directly caused by violations of the FHA. Click here to read more.