IBD: Last week the Supreme Court gave the White House license to water down, if not destroy, virtually every standard dealing with housing. There's nothing stopping its push for affirmative-action lending and zoning. --In a shocking 5-4 decision, the high bench ruled that housing- and lending-discrimination lawsuits based on no proof other than statistics showing different outcomes by minority groups are within the bounds of civil-rights law. --It agreed with housing-rights zealots that zoning and underwriting policies that have a harmful effect — or disparate impact — on minorities are illegal, even if that harm is unintentional.
Read More at Investor's Business Daily
Read More......
Showing posts with label lending. Show all posts
Showing posts with label lending. Show all posts
Monday, June 29, 2015
Subscribe to:
Posts (Atom)







.jpg)
