Monday, June 4, 2012

Supreme Court decision could increase fees in real estate deals ...

The court rules that 'unearned' fees charged by lenders and other service providers do not violate federal law as long as they are not split with anyone else.

WASHINGTON ? In a decision that could have a significant effect on the fees that consumers pay in real estate transactions, the U.S. Supreme Court has ruled that "unearned" fees charged by lenders and other service providers do not violate federal law as long as they are not split with anyone else.


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