Browsing: Fair lending

Legal Judge grants win to ABA, Chamber in lawsuit over CFPB UDAAP exam manual

A federal judge in Texas today granted summary judgment to ABA, the Texas Bankers Association, the U.S. Chamber of Commerce and several other co-plaintiffs in their challenge to the CFPB’s UDAAP exam manual, in which the bureau unlawfully expanded the statutory definition of “unfairness” to encompass discrimination.

Compliance and Risk HUD to reinstate 2013 disparate impact rule

The Department of Housing and Urban Development announced today that it will re-codify the 2013 disparate impact rule, saying the rule “is more consistent with how the Fair Housing Act has been applied in the courts and in front of the agency for more than 50 years.”

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