A 2014 Supreme Court opinion, written by Justice Anthony Kennedy, ruled that an environmental law's statute of limitations cannot preempt a state-mandated statute of "repose." But appeals courts have ruled differently when it comes to banking law.
Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.
Real estate brokers deserve a slice of mortgage revenue, but marketing services agreements are not the way to give it to them.
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