Disparate Impact Clarification

Keeping up with Fair Housing laws can be a full time job. Laws are added, changed, and tweaked regularly. Recently, the American Bankers Association (ABA) and state bankers associations in all 50 states responded to HUD’s request for suggestions of outdated regulations by calling for clarification of the disparate impact rule. Here is an excerpt from the article in the ABA Banking Journal that recently was published that highlights this disparate impact clarification: [Read more…]