Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
What CFPB enforcement history reveals about future priorities
The authors analyze the enforcement activity under each of the directors who served the CFPB since its inception and the civil money penalties collected by...