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Items Tagged with 'Disparate Impact'


From HW Magazine

What the Supreme Court's disparate impact ruling means for lenders

Lower courts have to work out specifics
"The questions become, ‘Do the courts find a distinction between housing policy and lending, as in whether to make a loan and how you price that loan? Does the government get broader discretion than the private sector?’ ” Andreano said. “It’s not fleshed out.”
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Monday Morning Cup of Coffee: Mortgage lenders "routing" homebuyers to FHA?

Ocwen, Nationstar results also coming soon
Lower credit scores are leading to higher mortgage costs, according to an article in the Seattle Times. There is a new opinion, separate from the many who view last month’s Supreme Court decision on "disparate impact" as a negative. Also, it’s time for the massive nonbanks to start weighing in with their earnings.
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Hurdles remain for disparate impact claims in housing despite SCOTUS ruling

“Robust causality” requirement could protect mortgage lenders
On Thursday the Supreme Court ruled in a contentious and qualified opinion that the legal doctrine of “disparate impact” is cognizable under the Fair Housing Act, but a closer look at the ruling shows it may not be as perilous for the mortgage industry as initially thought. Read on.
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Supreme Court: Fair Housing Act claims can use “disparate impact”

Color-blind policies that result in unequal outcomes may be discrimination
In a blow to the housing and mortgage finance industry but a victory for fair housing advocates, the Supreme Court ruled in a contentious and qualified opinion that the legal doctrine of “disparate impact” is cognizable under the Fair Housing Act. Want to know more?
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Monday Morning Cup of Coffee: CFPB under the gun again

Plus disparate impact, what the Fed is doing, #FannieGate and more
Today could be a big legal day for housing, as the Supreme Court will determine whether housing policy is subject to the onerous burdens of “disparate impact.” Plus, housing metrics for the week, the mixed outlook on what the Fed will do with rates, more investigations of the CFPB and a whole lot more you won’t want to miss.
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No ruling on disparate impact from Supreme Court today

Early reports of decision in error
It appears as though despite media reports, including here at HousingWire, there will not be a decision announced today from U.S. Supreme Court on whether it is within the bounds of the Fair Housing Act to employ the legally questionable doctrine of “disparate impact.”
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