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- Italy's high court refuses to release migrant rescue ship
- Court won't reconsider making public family slain autopsies
- Trump travel ban is focus of Supreme Court's last arguments
- Constitutionality of murder conviction upheld by high court
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- Supreme Court rejects anti-abortion pastor's appeal on noise
- Supreme Court hearing case about online sales tax collection
- Another key redistricting case goes in front of high court
- Court: Mexican family can't sue agent in cross-border death
The justices said Monday they will consider two appeals from Bank of America Corp., which asserts that bankrupt homeowners should not be able to "strip off" a second loan even if they are underwater on primary loans.
In both appeals, bankruptcy courts allowed Florida homeowners to nullify second loans held by Bank of America. The Atlanta-based 11th U.S. Circuit Court of Appeals affirmed, but Bank of America says the rulings conflict with other appeals courts and Supreme Court precedent.
Hundreds of homeowners have moved to void underwater second mortgages since the 11th Circuit endorsed the practice two years ago.
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