Fair Housing Act

Will CFPB's QM proposal create new housing bubble?

10/08/20

The Consumer Financial Protection Bureau's overhaul of its Qualified Mortgage standard is alarming free-market advocates who say it will precipitate a return to easy credit and higher defaults and could disproportionately harm minorities.

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HUD’s disparate impact rule is a ‘get out of jail free’ card

10/02/20

The bar to prove discriminatory patterns is so high that plaintiffs would have slim odds of winning lawsuits against housing providers.

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Lawmakers want inquiry into report that OCC halted redlining probes

08/14/20

Senate Democrats asked a watchdog to examine whether the bank regulator failed to investigate claims of discrimination against at least six banks.

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BofA settles federal fair housing discrimination claim for $300K

07/24/20

Due to possible exploitation, Bank of America instituted a policy that limited loans to persons in guardianships, but later ended that policy.

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Trump rolls back fair housing rule with executive order

07/23/20

The Trump administration's executive order to terminate and replace federal enforcement of anti-discrimination policies at the local level, citing the burden it put on municipalities, enraged advocates of equitable housing practices.

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Trump’s attempt to weaken fair housing rules is beyond tone deaf

07/20/20

The White House's efforts to loosen equality requirements in lending run counter to the widespread demand for racial justice. Congress must act.

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Bankers need to walk the walk on equality

06/09/20

The global protests in the wake of George Floyd’s death should serve as a reminder that the banking industry must do more to support minority employees and customers.

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Don’t ditch disparate impact

03/04/20

Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.

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Big banks outlast city of Miami in long legal battle

02/03/20

The city's decision to drop a lawsuit alleging predatory ending by Wells Fargo, JPMorgan Chase, Bank of America and Citigroup highlights the challenges municipalities face in taking on deep-pocketed financial institutions.

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HUD should scrap its new fair housing plan

01/17/20

The agency issued a fair housing proposal last month that would perpetuate segregation and make it harder to detect discrimination.

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