Justices reject constitutional attack on foreclosure rules

The Supreme Court rejected a challenge to tax foreclosure rules, ruling that the practice of using auctions to collect unpaid real-estate taxes does not violate the Fifth or Eighth Amendments. The case, Pung v Isabella County, involved a home sold for significantly less than its assessed value to recover $2,200 in taxes, with the court affirming that compensation for the property owner should be based on the auction price, not its hypothetical fair market value.