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CFPB Fair Lending Litigation Reveals Compliance Complexity

Дата публикации: 24-07-2026 16:24:44

A recent legal challenge to the Consumer Financial Protection Bureau's fair lending amendments underscores continuing uncertainty over disparate impact liability, discouragement standards and special purpose credit programs, signaling that financial services providers should avoid hasty compliance changes, say attorneys at Weiner Brodsky.


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By Timothy Ofak and Augustus Calabresi ( July 24, 2026, 4:24 PM EDT) -- The Equal Credit Opportunity Act prohibits discrimination "against any applicant, with respect to any aspect of a credit transaction." In addition to race, color, religion, sex and national origin, which Title VII protects, ECOA also considers marital status, age and receipt of public assistance income to be protected characteristics....

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