Courts likely to apply same discrimination theories in HUD, CFPB cases

HUD, administration announce Promise Zone competition Sprint ceo marcelo claure and T-mobile ceo john legere announce that the two companies have reached. a key criterion for the deal receiving regulatory approval. The Trump administration, widely.

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Court Case Challenges CFPB’s Power. problems," PHH argued in a court filing. "The CFPB places legislative, executive and judicial power all ‘in the same hands’ of a single person.

Another Supreme Court disparate impact case?. The two prior cases raising that issue, the Fifth Circuit adopted the burden-shifting approach found in HUD’s disparate impact rule adopted in February 2013 that formalized HUD’s use of disparate impact liability under the FHA.

 · Gallagher if not for the dismissal of that case by the parties, and that the same analysis would apply to claims under ECOA. After all, it is unknown when the Supreme Court may have another opportunity to address this issue, and it seems unwise to rely on a disparate impact theory when it could be undone by a Supreme Court case that could come about at any time.

The CFPB referred to a 2015 Supreme Court decision in Texas Dept. of Housing and Community Affairs v. Inclusive Communities Project, as its reason for re-examining disparate impact. The decision said that disparate impact claims, under which a lender can be cited for unintentional discrimination, require that a plaintiff prove a defendant’s policies caused the alleged disparity.

The Court then directed the Sixth Circuit to apply this. market theory and that fiduciaries cannot be required to violate securities laws in the exercise of their duties, provides significant.

Few decisions discuss this “discouraging” theory. In denying the motion to dismiss concerning discouragement, the court pointed to comments to one. and maternal status to determine how soon the.

The Roberts Court Takes Cases It Does Not Need to Hear 5. is likely that upcoming HUD regulations will moot the case, which should have counseled hesitation for the Supreme Courts decision to hear Mount Holly. A loss for the civil rights. The Roberts Court and Judicial Overreach In ., the ,

1. HUD’s regulations are at 24 CFR 100. Federal fair lending regulations and Statutes Overview The federal fair lending laws-the Equal Credit Opportunity Act and the Fair Housing Act-prohibit discrimination in credit transactions, including transactions related to residential real estate. The Statutes and Implementing Regulations

2017 HW Vanguard: Brew Johnson PeerStreet's Brew Johnson Named 2017 HousingWire Vanguard. – LOS ANGELES, Calif. -December 5, 2017- PeerStreet, a marketplace for investing in real estate backed loans, is honored to announce that its Co-Founder and CEO, Brew Johnson, has been named to HousingWire’s 2017 list of Vanguard Award winners.Builder confidence edges up in June average monthly house payments jump 21% in fourth quarter Do you use gross monthly income or take-home pay?. What percentage of my monthly income can I afford to spend on my mortgage payment?. I'd call it average.. Dave's scenario could work if someone made a quarter million dollars a year. advice to lenders' criteria-35 percent of gross income-is a big, big leap!!