Browsing: Disparate impact

Compliance and Risk

As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA today urged federal regulators and law enforcement to reign in disparate impact and redlining investigations that go beyond the law and Supreme Court precedent.

Legal

The case that generated last summer’s Supreme Court decision allowing disparate impact cases to be brought under the Fair Housing Act, Inclusive Communities Project Inc. v. Texas Department of Housing and Community Affairs, was dismissed on last week by the district court judge charged with determining whether the housing advocacy plaintiff met the Court’s newly articulated standard for establishing disparate impact.

Newsbytes

ABA and other financial services trade associations last week filed a friend of the court brief in the case of American Insurance Association v. HUD supporting AIA’s challenge to the Department of Housing and Urban Development’s disparate impact rule.