Trade groups, lenders and other interested stakeholders are divided on whether the Department of Housing and Urban Development (HUD) should amend its interpretation of the Fair Housing Act’s (FHA) disparate impact standard.
HUD received more than 45,000 public comments on a proposed rule that proposes to better reflect a Supreme Court case which held that disparate impact claims are cognizable under the FHA.
Read on for reaction from the Mortgage Bankers Association, National Association of Realtors, American Bankers Association and more.
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