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With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.
September 6Center for Responsible Lending -
Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.
August 29 -
Revamping the doctrine of disparate impact doctrine, as HUD proposes, would gut fair housing enforcement.
August 23George Washington University -
The president discussed the recent market turmoil with three large bank CEOs; a daily and a monthly bitcoin contract expected next month.
August 19 -
The agency says the "disparate impact" standard needs to be amended to align with a recent Supreme Court ruling. But consumer advocates say the change would make it more difficult for borrowers to allege discrimination under the Fair Housing Act.
August 16 -
Agencies like Fincen and Finra that use machine learning must pay close attention to potential bias in supervisory algorithms, especially with data on women and minorities.
August 16Dynamic Securities Analytics Inc. -
Banks need to mitigate potential bias in algorithmic predictive models using artificial intelligence, as regulators are weighing how to oversee the emerging technology.
August 6Regions Bank -
Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.
July 31 -
The Department of Housing and Urban Development approved a settlement in favor of the California Reinvestment Coalition against CIT Group's OneWest Bank, which Steven Mnuchin ran before he became Treasury secretary.
July 29 -
Sen. Elizabeth Warren said Eric Blankenstein's past writings disqualify him from working at the Department of Housing and Urban Development.
June 24