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Florida Banking Law Blog Legal developments impacting banking, finance and loan enforcement in Florida

Tag Archives: Violation of the Fair Housing Act

SCOTUS to Consider City of Miami’s Predatory Lending Lawsuit Against Banks

Posted in Residential Real Estate Lending

In a case that will have a direct impact on creditors, the U.S. Supreme Court has agreed to hear an appeal involving the City of Miami’s claims in three related cases that it suffered damages through alleged discriminatory lending practices of residential mortgage lenders including Bank of America, Wells Fargo, and Citigroup. The Court’s final… Continue Reading

Supreme Court: Fair Housing Act Discrimination Claims Do Not Require Proof of Intent

Posted in Legal Rulings, Residential Real Estate Lending

Parties claiming a violation of the Fair Housing Act (“FHA”), 42 U.S.C. § 3601 et seq., need not prove intentional discrimination to prevail, according to a recent ruling handed down by the United States Supreme Court. So long as a claimant can show that a practice or policy results in a disproportionately negative effect on… Continue Reading