A Supreme Court ruling Tuesday will make it tougher for lenders to protect their interests in secured loans.

The court decided that federal bankruptcy law, rather than state statute, applies to a lender's right to record secured assets with state authorities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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