Issue: Whether a private purchaser of real estate settlement services has standing to sue under Article III, § 2 of the United States Constitution.
Plain English Issue: Whether lawsuits under the Real Estate Settlement Procedures Act, which allows homebuyers to sue banks and title companies when they pay kickbacks for the closing of a mortgage loan, are constitutional if the kickback does not affect the price or quality of the services provided?
Judgment: Dismissed as improvidently granted in a per curiam opinion on June 28, 2012.
Merits Briefs for the Petitioners
Amicus Briefs in Support of the Petitioners
Merits Briefs for the Respondent
Amicus Briefs in Support of the Respondent