MBA Sues New Jersey Over Disparate Impact Rule

MBA Sues New Jersey Over Disparate Impact Rule

The Mortgage Bankers Association (MBA) recently filed a lawsuit in the U.S. district court for the district of New Jersey challenging the disparate impact rules adopted by the state.In December 2025, the New Jersey Division on Civil Rights (DCR) adopted Rules...
US Banking Regulators Finalize Rule on Material Risks

US Banking Regulators Finalize Rule on Material Risks

The joint final rule narrows the basis for enforcement actions and MRAs to practices that pose material financial risk or constitute actual violations of law.By Arthur S. Long, Parag Patel, Pia Naib, and Deric BeharKey Points: The Final Rule formally defines the term...