Legal Blog

Compensation and Compliance Matters: How Disparate Impact Ruling Affects Lenders’ Daily Operations

The Supreme Court’s recent ruling that the disparate impact theory of liability can be applied to the Fair Housing Act means mortgage lenders must be even more vigilant in their ongoing testing and evaluation of business practices that could be interpreted as even unintentional discrimination.

Among other things, the Fair Housing Act makes it illegal to “refuse to sell or rent, to deny or otherwise make unavailable a dwelling to a person…or to discriminate against any person making certain real estate transactions because of race or other protected characteristic.”

Click here to read the entire article on National Mortgage News.  | 240.507.1740

Ari Karen is an experienced litigator and speaker who has focused his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide.

Mr. Karen’s practice is diverse, representing clients on matters concerning banking regulations, Dodd Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints and non-competition claims, among others.

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