Anselmo Lindberg & Associates Partner Doug Oliver details the recent Supreme Court ruling in Spokeo Inc. v. Robins in a recent article in Mortgage Banking Magazine.
In May 2016, the U.S. Supreme Court set the table for a debate in the courts over the extent to which Congress can gives consumers a right to bring suit to enforce strict liability consumer-protection laws in federal court. The decision in the case of Spokeo Inc. v. Robins means that the consumer—however the particular statute defines that term—is entitled to sue under such statutes for slight infractions without having to prove the violation caused any actual injury. Though these laws are meant to promote good-faith practices, increasingly they create liability without distinguishing between good and bad faith practices.
When it comes to lender liability to consumers, this is one of the biggest issues out there. Read the article in its entirety here.
For more information on Spokeo Inc. v. Robins, please contact Anselmo Lindberg & Associates.