Borrower Seeks High Court Review Of GSEs’ Use Of Nonjudicial Foreclosures

(November 17, 2021, 5:24 PM EST) -- WASHINGTON, D.C. — U.S. Supreme Court review of a federal appellate court panel’s ruling affirming a federal district court’s ruling dismissing borrowers’ class claims for violation of their right to due process against government-sponsored agencies (GSEs) and the Federal Housing Finance Agency (FHFA) over the government agencies’ handling of nonjudicial foreclosures is necessary because the GSEs’ use of such foreclosures violates the borrowers’ Fifth Amendment rights under the U.S. Constitution, the borrowers argue in a Nov. 5 petition for a writ of certiorari....