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HUD plans to restore 2013 version of discrimination rule

Housing Wire

Department of Housing and Urban Development published a proposal to the Federal Register on Friday that would rescind the department’s 2020 disparate impact rule and restore the 2013 discriminatory effects rule. The post HUD plans to restore 2013 version of discrimination rule appeared first on HousingWire.

Legal 344
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HUD restores Discriminatory Effects rule, revokes 2020 rule

Housing Wire

Department of Housing and Urban Development ( HUD ) announced on Friday that it rescinded a 2020 Trump-era rule governing Fair Housing Act disparate impact claims and has restored a 2013 Obama-era “Discriminatory Effects” rule that takes aim at discriminatory practices from the housing market.

Legal 322
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Kind Lending hires Tammy Richards as COO

Housing Wire

She left the bank in 2013 to join Caliber, holding the position of Pacific Southwest division vice president. That legal battle is still ongoing. Richards spent about 10 years at Bank of America , where her last position was as senior vice president of national underwriting and retail fulfillment executive.

Lending 265
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Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S. Three agents formerly affiliated with Keller Williams Realty — Jerri L. Moulder, David L. Bueker and Robert E.

Brokerage 488
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HUD takes first step to restore fair housing rule

Housing Wire

Although the Biden administration has signaled its intent to reinstate the 2013 version of the rule, HUD’s latest action does not fully do so. But another legal wrinkle — a temporary injunction in the last months of the Trump administration — stopped the agency from implementing the Supreme Court changes to the disparate impact claim.

Legal 464
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CFPB hopes to reverse court decision that handed Ocwen a win last year

Housing Wire

Court of Appeals for the Eleventh Circuit, Lawrence DeMille-Wagman, CFPB’s attorney, argued that a consent agreement from 2013 did not excuse the mortgage servicer from future violations and that Ocwen is on the hook for alleged wrongdoings. Last March, U.S. The CFPB declined to comment. Ocwen did not return a request for comment.

Law 342
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Senior FDIC official to lead Conference of State Bank Supervisors

Housing Wire

Milhorn brings to CSBS nearly three decades of advocacy, policy, legal and regulatory experience, primarily in and around Washington, D.C. He joined CSBS following a 30-year career at the Indiana Department of Financial Institutions , where he served as deputy director from 1994 to 2013.

Insurance 309