Articles

Trying to avoid disparate impact causes a disparate impact

May 14, 2013 | By JOSHUA THOMPSON

You can’t make this stuff up.  Banks have been under intense scrutiny from Obama Administration for lending practices that result in a disparate impact against racial minorities.  To avoid such threatening lawsuits, a small bank in Maryland put in place a practice that capped the amount that could be recouped from loans to minorities and ...