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Topics in Financial Regulation: Consumer and Investor Protection

TFR Class Fifteen: Fair Lending and Benefits Analysis in Consumer Protection Regulation

In today's class, we will be covering two topics.  The first is law of fair lending.  We will start a memorandum arising out of a class action challenging discrimination in mortgage lending several years ago and then will look at a subsequent legal decision in a similar action. There follows a brief description from SCOTUS Blog of a recent oral argument in the Supreme Court.  Our second topic will be benefit analysis in consumer protection regulation. Here a somewhat lengthy paper on the topic is posted.  Read through the introduction and Part I, which is a literature review on the subject.  The balance of the paper is optional, and you should read only to the extent that your personal interests dictate.