On February 14, a divided Second Circuit panel upheld a 2016 jury verdict which found that a mortgage lender violated, among other laws, the Equal Credit Opportunity Act (“ECOA”) by engaging in “reverse redlining” when it...more
2/24/2025
/ Appeals ,
Borrowers ,
Discrimination ,
ECOA ,
Financial Institutions ,
Lending ,
Loans ,
Mortgage Lenders ,
Race Discrimination ,
Redlining ,
Statute of Limitations
On September 12, 2024, the Consumer Financial Protection Bureau (CFPB) filed a proposed order which, if entered by the court, will ban a student loan servicer from servicing federal student loans and require it to pay $120...more