The U.S. Supreme Court ruled unanimously in favor of consumers Tuesday, interpreting a federal law to allow homeowners up to three years to give notice to their banks that they want to rescind their mortgage loans.
The ruling in Jesinoski v. Countrywide Home Loans was one of two decisions issued Tuesday that had these common characteristics: unanimous, five pages long, interpreting federal statutes, and written by Justice Antonin Scalia, who is not always known for either coalition-building or brevity.
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