United States v. Yeung

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that federal rules of evidence not applicable to restitution hearing and no error to admit hearsay
• holding that federal rules of evidence not applicable to restitution hearing and no error to admit hearsay
• reasoning that, where a successor lender pays only a fraction of the outstanding principal balance, awarding restitution based on that balance would overcompensate and constitute plain error
• noting that a “direct lender’s losses may also be reduced by amounts recouped from resale of the loan”
• noting that the value of a mortgage on the secondary market may vary with the market value of the property, the credit rating of the borrower, and other market conditions
• Calculation rules “require some adjustment ... where the victim is the loan purchaser as opposed to the loan originator.”

Source: CourtListener parenthetical corpus (CC0).