Browsing: Disparate impact

Newsbytes

The Consumer Financial Protection Bureau today issued a request for information seeking on ways to create a regulatory environment that expands access to credit and ensures consumers and communities are protected from discrimination in all aspects of credit transactions.

Compliance and Risk

In a move long sought by ABA, the Department of Housing and Urban Development is formally seeking public comment on whether its rule implementing the Fair Housing Act’s discriminatory effects standard is consistent with the Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project.

Legal

In a move long sought by ABA, the Department of Housing and Urban Development signaled today that it will seek public comment on whether its rule implementing the Fair Housing Act discriminatory effects standard is consistent with the Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project.

Mortgage

Responding to a request by the Department of Housing and Urban Development for suggestions of outdated or ineffective regulations, ABA and state bankers associations in all 50 states today called for changes to HUD’s rule implementing the Fair Housing Act discriminatory effects standard, calling the rule “outdated and legally wrong.”

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