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New Home Mortgage Disclosure Act Pricing Data: The Next Enforcement and Litigation Front for Lenders

Published by The Review of Banking & Financial Services in June 2005.

Author(s): Benjamin B. Klubes & Benjamin P. Saul.

Now required to publicly report pricing information on home mortgage loans, lenders can expect class-action litigation asserting disparate-impact discrimination claims.  The authors review some defenses to such claims, the effect of the Federal Class Action Fairness Act, and the impact of amendments to Federal Rule 23.

"New Home Mortgage Disclosure Act Pricing Data: The Next Enforcment and Litigation Front for Lenders"

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