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- Title
Fair Lending Developments: The End of Discretionary Pricing?
- Authors
Ropiequet, John L.; Naveja, Christopher S.; Noonan, L. Jean
- Abstract
The article discusses the fair lending litigations in the mortgage finance in the U.S. It is noted that the Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA) allow the courts to deal with cases filed against mortgage lenders. It further states that court decisions are rendered on pleadings issues in cases against mortgage lenders. Moreover, it mentions that the Department of Justice and the Federal trade Commission has filed the federal enforcement actions.
- Subjects
UNITED States; FAIR lending; DISCRIMINATION in financial services; MORTGAGES; ACTIONS &; defenses (Law); MORTGAGE brokers
- Publication
Business Lawyer, 2010, Vol 65, Issue 2, p571
- ISSN
0007-6899
- Publication type
Article