Calif. A.G. Bonta Celebrates SCOTUS Decision Rejecting Sweeping Anti-Consumer Standard
June 01, 2024
June 01, 2024
OAKLAND, California, June 1 -- California Attorney General Rob Bonta issued the following statement on May 31, 2024:
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California Attorney General Rob Bonta issued a statement today after the U.S. Supreme Court overturned a Second Circuit Court of Appeals decision in Cantero v. Bank of America. The Supreme Court found that the lower court failed to apply the proper standard for evaluating whether a New York state law that requires mortgage lenders to pay a 2% minimu . . .
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California Attorney General Rob Bonta issued a statement today after the U.S. Supreme Court overturned a Second Circuit Court of Appeals decision in Cantero v. Bank of America. The Supreme Court found that the lower court failed to apply the proper standard for evaluating whether a New York state law that requires mortgage lenders to pay a 2% minimu . . .