This section contains the nature of the case and procedural background.

Foy (D) got a 30-year loan on a home in 2000 at 9.5%. D was a reserve officer and was engaged in active duty and found herself in financial difficulty because of her service. D had moved to reform the mortgage under New York Military Law. During this process, the court determined sua sponte that D may have been the victim of reverse redlining. A study somewhere in the federal government determined that an interest rate of 9% on a 30-year loan would amount to a higher priced loan and warrant investigation for discrimination.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.