HomeServices, a major player in the mortgage industry, has submitted a request to the top court for a hearing regarding the Eighth Circuit’s dismissal of arbitration agreements with unnamed class members in the Sitzer/Burnett suit. The company is arguing that this rejection was erroneous and is seeking a review of the decision. This move by HomeServices could have significant implications for the mortgage industry and the use of arbitration agreements in class action lawsuits.
Key points:
– HomeServices has asked the top court to review the Eighth Circuit’s rejection of arbitration agreements with unnamed class members
– The company is arguing that there was an error in the decision and is seeking further evaluation by the court
– This case could impact the use of arbitration agreements in class action lawsuits within the mortgage industry
– The outcome of this request could set a precedent for similar cases in the future.
You can read this full article at: https://www.housingwire.com/articles/supreme-court-denies-homeservices-petition-in-commission-suit/(subscription required)
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