Bank of America Corp. v. City of Miami - Post-Decision SCOTUScast

Bank of America Corp. v. City of Miami - Post-Decision SCOTUScast

From: SCOTUScast
0 0 about 1 year ago
2 Plays 198 Downloads
On May 1, 2017, the Supreme Court decided Bank of America Corp. v. City of Miami, which was consolidated with Wells Fargo & Co. v. City of Miami. In this case, the city of Miami sued Bank of America Corporation and similar defendants under the Fair Housing Act (FHA), arguing that the banks engaged in predatory lending practices that targeted minorities for higher-risk loans, which resulted in high rates of default and caused financial harm to the city. Miami also alleged that the banks ... See More

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