The Consumer Financial Protection Bureau said it plans to follow the Justice Department's lead in pursuing fair lending violations when a policy has a disparate impact on a group of borrowers, unintentional or not.
CFPB Embraces Contentious 'Disparate Impact' Theory for Discriminatory Lending
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports (including archive)
- Morning Scan Plus e‑newsletter