IBD: ‘About Time’ for Regulators to Clarify Disparate Impact
The financial regulators should move quickly to implement the Supreme Court’s guidance on using disparate impact to enforce fair lending ...
Tag: Fair lending
NYBA Wins Challenge to New York City Law
The New York Bankers Association on Friday won its legal challenge to New York City’s Responsible Banking Act, with a ...
Federal Court Rules NYC’s Responsible Banking Act Preempted by NBA
The district court’s ruling aligned with the arguments in the ABA’s amicus brief.
ABA to Agencies: Put Court’s Disparate Impact Framework into Guidance
ABA today asked the financial regulators and law enforcement agencies to include in their guidance, exam procedures and appropriate regulations ...
Four Tips for Threading the Fair Lending Needle
Fair lending today calls for robust compliance management systems that track all products, customer interactions, and variations in pricing or ...
ABA Staff Analysis Explores Disparate Impact Ruling
ABA yesterday released a bank members-only staff analysis of the Supreme Court’s ruling in Texas v. Inclusive Communities Project, which ...
Supreme Court OKs Disparate Impact Analysis under Fair Housing Act
The U.S. Supreme Court ruled today that disparate impact claims are enforceable under the Fair Housing Act. The decision in ...
Senate Democrats Seek Investigation of REO Maintenance Disparities
Fifteen Democratic senators today asked the federal financial regulators to look into allegations that financial institutions and the housing GSEs ...
Regulators: Discretionary Pricing on Small Loans Flags Fair Lending Risk
Regulators see fair lending risk in small-dollar loan products that allow significant discretion in pricing and underwriting, according to a ...
