New SCOTUScast: First American Financial Corp. v. Edwards
by SCOTUScaster
Posted December 08, 2011, 11:42 AM
On November 28, the Supreme Court heard oral argument in First American Financial Corp. v. Edwards. The question in the case is whether a private purchaser of real estate settlement services has standing to sue banks and title companies that pay kickbacks for closing a mortgage loan, when there is no claim that the kickbacks affected the price or quality of services provided.
We have Kevin Walsh to discuss the case.