Pay Close Attention To High Court ECOA Loan Guarantor Case

Law360, New York (March 30, 2015, 3:03 PM EDT) -- On March 2, 2015, the U.S. Supreme Court granted certiorari to petitioners Valerie Hawkins and Janice Patterson in the case of Hawkins v. Community Bank of Raymore,[1] following an August 2014 decision from the U.S. Court of Appeals for the Eighth Circuit. The case will be argued during the Supreme Court's October 2015 term. The court is expected to decide whether a spousal guarantor is an "applicant" under the Equal Credit Opportunity Act.[2]...

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