High Court Split In Lending Bias Case 'Anticlimactic'

Law360, New York (March 22, 2016, 10:41 PM EDT) -- The U.S. Supreme Court's ruling Tuesday limiting discrimination claims that can be brought by spouses under a fair lending law further defined the statute's applicability, but because the first split decision since Justice Antonin Scalia's death did not come with a published opinion, the impact on consumer finance laws remains murky.

Handing down a 4-4 decision in Hawkins et al. v. Community Bank of Raymore, the high court affirmed a ruling for the bank in a lawsuit filed by two Missouri women, Valerie Hawkins and Janice Patterson. The pair alleged the bank violated a Federal Reserve rule aimed at preventing discrimination...

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