FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W334621554> ?p ?o ?g. }

• W334621554 startingPage "26" @default.
• W334621554 abstract "A panel of four attorneys explains why, responds to two hypothetical discrimination cases Will the Republican Congress draw the curtains on Washington's renewed emphasis on fairlending laws? Don't bet the bank on it. detect a little too much optimism on the part of bankers that the recent election results may signal some really dramatic deemphasis on fair lending, says Edward A. Wilmesherr, one of four attorneys participating in an ABA Banking Journal telephone roundtable on the subject of fair lending. don't think you're going to see a dramatic reduction in enforcement. Wilmesherr is a partner at Butler, Snow, O'Mara, Stevens & Canada, Jackson, Miss., who works extensively with banks in that state--rocked in early 1994 by the First National Bank of Vicksburg settlement. Wilmesherr's fellow panelists generally agreed with his view on the election. At best, bankers can expect subtle shifts. don't think it will directly affect any enforcement policies, says Michael A. Carvin, of Shaw, Pittman, Potts & Trowbridge, Washington, D.C. It could have an indirect effect in that, if the agencies were not perceived as being extraordinarily vigorous in this area, they were concerned about Hill oversight. That dynamic has changed. (Before entering private practice, Carvin served in several posts at Justice, including a stint as deputy assistant attorney general for civil rights.) most important change at the bank regulatory agencies may have occurred before the election, in the Barnett decisions by the Comptroller the Federal Reserve, says William J. Sweet, with Skadden, Arps, Slate, Meagher & Flora, Washington, which represents the Florida bank holding company advises ABA on fair-lending issues. Some bankers are reading the Barnett decisions as signifying that the Comptroller the Fed are no longer going to be concerned about fair lending, says Sweet, and I think that's anything the case. Rather, Sweet thinks the two agencies' decisions indicate they are resisting, a bit, having the Department of Justice play an active role in the applications process. With Chevy Chase [Federal Savings Bank], DOJ has gone so far out in front of the pack, no one is willing to follow, adds Janet M. Bonnefin, Aldrich & Bonnefin, Irvine, Calif. In the end, Carvin remains convinced that the only lasting change in fair-lending enforcement will be obtained through formal resistance. Justice Department is trying to bring cases that are at the frontier of the law don't always have very good factual evidence, on the assumption that they can create momentum through a series of consent decrees, says Carvin. Unless they are put to the test in the courts, the regulatory atmosphere for banks is going to be more oppressive. At this point, ABA Banking Journal presented its panel with two hypothetical cases. Case of the wayward officer am the president of a $150 million-assets bank with three branches. During a recent fairlending self-review of our consumer loans, we've discovered that one of our branches exhibits a higher decline rate for minorities than the other branches or the bank overall. Almost all of the questionable declines are being made by one loan officer at that branch. Q: What corrective steps do I take? Q: Should I notify my regulators? Q: I attempt restitution? The panel was fairly united on this case, though members sometimes differed over details. In sum: dig further, inform regulators if something is really there, and, yes, make restitution--but do it carefully. federal banking agencies' policy statement says that you don't have to disclose the sorts of things this bank has uncovered, says Michael Carvin of Shaw, Pittman, but my strong suspicion is that you should probably assume at the beginning of these kinds of investigations that you would have to let the regulators know about it--or they would find out about it in the normal course of examinations. …" @default.
• W334621554 created "2016-06-24" @default.
• W334621554 creator A5018234346 @default.
• W334621554 date "1995-01-01" @default.
• W334621554 modified "2023-09-23" @default.
• W334621554 title "Fair Lending Won't Go Away" @default.
• W334621554 hasPublicationYear "1995" @default.
• W334621554 type Work @default.
• W334621554 sameAs 334621554 @default.
• W334621554 citedByCount "0" @default.
• W334621554 crossrefType "journal-article" @default.
• W334621554 hasAuthorship W334621554A5018234346 @default.
• W334621554 hasConcept C10138342 @default.
• W334621554 hasConcept C144133560 @default.
• W334621554 hasConcept C145097563 @default.
• W334621554 hasConcept C17744445 @default.
• W334621554 hasConcept C199539241 @default.
• W334621554 hasConcept C2777063073 @default.
• W334621554 hasConcept C2779777834 @default.
• W334621554 hasConceptScore W334621554C10138342 @default.
• W334621554 hasConceptScore W334621554C144133560 @default.
• W334621554 hasConceptScore W334621554C145097563 @default.
• W334621554 hasConceptScore W334621554C17744445 @default.
• W334621554 hasConceptScore W334621554C199539241 @default.
• W334621554 hasConceptScore W334621554C2777063073 @default.
• W334621554 hasConceptScore W334621554C2779777834 @default.
• W334621554 hasIssue "1" @default.
• W334621554 hasLocation W3346215541 @default.
• W334621554 hasOpenAccess W334621554 @default.
• W334621554 hasPrimaryLocation W3346215541 @default.
• W334621554 hasRelatedWork W122918856 @default.
• W334621554 hasRelatedWork W214488906 @default.
• W334621554 hasRelatedWork W222854822 @default.
• W334621554 hasRelatedWork W231716247 @default.
• W334621554 hasRelatedWork W240089941 @default.
• W334621554 hasRelatedWork W261632401 @default.
• W334621554 hasRelatedWork W274308636 @default.
• W334621554 hasRelatedWork W285499325 @default.
• W334621554 hasRelatedWork W293417596 @default.
• W334621554 hasRelatedWork W294479907 @default.
• W334621554 hasRelatedWork W297813449 @default.
• W334621554 hasRelatedWork W312436206 @default.
• W334621554 hasRelatedWork W332644602 @default.
• W334621554 hasRelatedWork W341841847 @default.
• W334621554 hasRelatedWork W58597282 @default.
• W334621554 hasRelatedWork W61221639 @default.
• W334621554 hasRelatedWork W812329067 @default.
• W334621554 hasRelatedWork W857788416 @default.
• W334621554 hasRelatedWork W910991969 @default.
• W334621554 hasRelatedWork W184863318 @default.
• W334621554 hasVolume "87" @default.
• W334621554 isParatext "false" @default.
• W334621554 isRetracted "false" @default.
• W334621554 magId "334621554" @default.
• W334621554 workType "article" @default.