A recent court action could slow class actions over fees paid by lenders to brokers who bring in higher-yielding loans.

Last week the U.S. Court of Appeals for the 11th Circuit clarified a January decision in Culpepper vs. Inland Mortgage Corp., a suit filed two years ago. The court said that last winter's decision "did not bar yield spread premium payment by mortgage lenders in all cases."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.