The U.S. Supreme Court has agreed to resolve a case that could end the use of disparate impact in fair housing evaluation.
Disparate impact allows plaintiffs bringing a complaint over an alleged discriminatory housing practice to rely on statistical analysis and show a policy or law has a disproportionately adverse effect for minorities. This method, generally opposed by lenders, allows plaintiffs to show discrimination without proving intent.
The Department of Justice has used disparate impact claims under the Fair Housing Act to go after banks and lenders for racially discriminatory lending practices, particularly during the sub-prime mortgage boom and bust.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.