Fair Lending

The lending industry confronts exponential growth in fair lending enforcement activities, targeting a wide array of financial products and related marketing practices.  We provide proactive compliance advice and represent clients in federal and state government enforcement investigations, administrative proceedings, and complex litigation involving the full spectrum of issues related to the fair treatment of consumers in all aspects of the lending relationship.  We have extensive knowledge on fair lending matters, including those involving the Fair Housing Act (“FHA”), the Equal Credit Opportunity Act (“ECOA”), the Civil Rights Act of 1866, the Truth in Lending Act (“TILA”), the Home Ownership and Equity Protection Act (“HOEPA”), the Real Estate Settlement Procedures Act (“RESPA”), and other federal, state, and local laws and regulations.  We regularly assist clients in successfully resolving allegations of violations of fair lending laws brought by HUD and state fair housing agencies.  We work with clients to develop and implement appropriate fair lending policies and procedures, and to analyze HMDA data to identify potential fair lending issues.

 

Practice Areas
  • Mortgage Banking
  • Bankruptcy
  • Reinsurance / Insurance
  • Repurchase Solutions / Mortgage Fraud
  • Consumer Finance
  • Fair Lending
  • Commercial Litigation
  • Corporate Matters
  • Regulatory & Supervisory Matters
  • General Counsel
  • Design Professionals
  • Intellectual Property