High Court: Families Cannot Sue Quicken Loans Over Fee

By Suzanne Robertson on Fri, 05/25/2012 - 2:10pm

The Supreme Court ruled unanimously Thursday that three families cannot sue a mortgage company for allegedly charging them a loan discount fee without giving them a lower interest rate. The high court's decision tosses out lawsuits filed in 2008 against Quicken Loans Inc. in Louisiana. The Times-News has this AP story