The U.S. Supreme Court’s ruling last week that allows lenders to pursue payments from home-equity borrowers may serve to boost lending across the banking industry, according to Bloomberg. The unanimous ruling, tied to an attempt by a pair of underwater homeowners to void their second mortgages with Bank of America Corp. (NYSE:BAC) through Chapter 7 bankruptcy, was declared a major legal win for Charlotte-based BofA and other banks. Bloomberg noted that banks are originating home-equity loans…Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/06/will-bank-of-americas-recent-supreme-court-win.html?ana=RSS&s=article_search
http://memphissmbmedia.blogspot.com/2015/06/will-bank-of-americas-recent-supreme.html from Memphis SMB Media
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