Frank Hirsch was a featured speaker during the session "Fair Lending: Ramped Up Enforcement; DOJ and CFPB Involvement; 'Disparate Impact' Theory of Discrimination as a Litigation Game Changer; Defending and Managing the Latest Predatory and Abusive Lending Claims Including Discriminatory Pricing/Steering; and the Latest Settlement Orders, Themes and Implications" at this conference hosted by the American Conference Institute. The following topics were covered during the presentation:
- Assessing the status of "disparate impact" in lending litigation and enforcement
- Evolving definitions of “fair lending”
- Recent litigation developments: allegations of discriminatory pricing or steering
- Fair lending settlement orders, themes and implications: negotiating successful resolutions
- Interplay between UDAAP and fair lending
- Fair Housing Act as the basis for disparate impact claims
- DI claims in cases where lenders choose only QM safe harbor or QRM loans because of liability and financing imperatives (reputational, PR and monetary risk)
- Assessing recent discrimination cases and actions, and defending against the latest claims alleging fair lending violations
- How state and federal agencies are approaching fair lending issues
- Preparing for enhanced scrutiny of fair lending issues by the CFPB and DOJ
- Evaluating and assessing recent and emerging CFPB and DOJ enforcement actions
January 29-30, 2015
New York Marriott Downtown / New York, NY