Thursday, June 25, 2015

Obamacare Wasn't the Big Decision Today

Since people tend to self-segregate, this ruling will allow for a never ending stream of lawsuits.

Worse than Obamacare: SCOTUS upholds 'disparate impact' as discrimination
In a friend of the court brief, the Mortgage Bankers Association and other industry groups argue that “the risk of disparate-impact lawsuits…pressures the residential mortgage lending industry to arrive at particular outcomes and end numbers” such as making loans to borrowers based on racial factors rather than on typical underwriting criteria such as a borrower’s salary or credit score.

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