In a post for Credit Slips, Professor Alan White discusses the settlement of a pending case before the Supreme Court. He writes, “Banks and insurance companies are apparently gnashing their teeth at the news that the Mt. Holly case pending before the Supreme Court has been settled. The case itself does not involve financial services; it arose from a Fair Housing Act claim that a neighborhood redevelopment plan would have a discriminatory impact on black residents. The legal issue is whether the Fair Housing Act permits discrimination claims based on disparate impact.”
Prof. White is a nationally recognized expert on credit regulation and the residential mortgage market. Professor White is a past member of the Federal Reserve Board’s Consumer Advisory Council, a member of the American Law Institute, and is currently serving as reporter for the Uniform Law Commission’s project on a Residential Real Estate Foreclosure statute.