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NJ Real Estate News: High court to consider bias claim on loan guarantees

WASHINGTON (AP) – The Supreme Court will decide whether a bank discriminated against the wives of two Missouri real estate developers by requiring them to guarantee their husbands’ business loans.

The justices said Monday they will hear an appeal of Valerie Hawkins and Janice Patterson, who claim the bank discriminated against them based on their marital status in violation of the Equal Credit Opportunity Act.

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Summary of the Article

WASHINGTON (AP) – The Supreme Court will decide whether a bank discriminated against the wives of two Missouri real estate developers by …

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Article

WASHINGTON (AP) – The Supreme Court will decide whether a bank discriminated against the wives of two Missouri real estate developers by requiring them to guarantee their husbands’ business loans.

The justices said Monday they will hear an appeal of Valerie Hawkins and Janice Patterson, who claim the bank discriminated against them based on their marital status in violation of the Equal Credit Opportunity Act.

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first published: 2015-03-01 15:22:30[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-7][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]