Αποτελέσματα Αναζήτησης
15 Αυγ 2016 · Disparate impact occurs when you apply your policy “neutrally” (everyone gets treated the same); yet by virtue of your policy you cause a Disparate impact on a prohibited basis in your market. Example: Your investors allow for a 620 credit score.
21 Φεβ 2018 · Disparate impact is when a lender applies a racially or otherwise neutral policy or practice equally to all credit applicants, but the policy or practice disproportionately excludes or burdens certain persons on a prohibited basis.
7 Φεβ 2017 · When a lender applies a racially or otherwise neutral policy or practice equally to all credit applicants, but the policy or practice disproportionately excludes or burdens certain persons on a prohibited basis, the policy or practice is described as having a “disparate impact.”
Disparate impact occurs when a creditor employs facially neutral policies or practices that have an adverse effect or impact on a member of a protected class unless it meets a legitimate business need that cannot reasonably be achieved by means that are less disparate in their impact. 3
11 Μαΐ 2023 · In lending, businesses can still be held accountable for using practices or policies without intending to be discriminatory and, in the process, inadvertently violate fair lending legislation. This is why it’s so important to understand what disparate impact in lending is and how to prevent it.
23 Μαΐ 2024 · Understanding and addressing disparate impact is crucial for ensuring fair lending practices. Read along with Jon Tavares as he dives into the concept of disparate impact, its implications for financial institutions, and strategies to mitigate associated risks.
The disparate impact theory of discrimination allows a party to establish discrimination based solely on the results of a neutral policy. Disparate impact is distinct from disparate treatment because a party is not required to show any intent to discriminate. To establish a disparate impact claim, a government agency or private plaintiff
