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Lending / The Ticker

Department of Justice settles fair lending case

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The Department of Justice settled a fair lending lawuist against Texas Champion Bank.

"This means that, once again, a DOJ attemp to use disparate impact evidence to establish that a lender engaged in a 'pattern or practice' of intentional discrimination will not be tested in court," according to Ballard Spahr.

Click here to view the complaint. 

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