The Bureau and the FTC jointly filed an amicus brief arguing that the “applicants” protected by the Equal Credit Opportunity Act and its implementing rule include those who have received credit.
Amicus briefs filed by the CFPB are available on this page, including amicus briefs concerning federal consumer financial protection law filed in the U.S. Supreme Court by the Office of the Solicitor General.
Use the filters below to browse by date, statute, and the court in which the brief was filed.
The Bureau filed an amicus brief supporting a business entity’s ability to state an ECOA discrimination claim and arguing that regulations issued pursuant to ECOA reasonably interpret the term “applicant” to encompass guarantors.
The Equal Credit Opportunity Act prohibits a creditor from, among other things, discriminating against an applicant for a mortgage loan because all or part of the applicant’s income derives from public assistance income.
The Equal Credit Opportunity Act (ECOA) makes it unlawful for “any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction,” on the basis of prohibited characteristics including sex and marital status. 15 U.S.C. 1691(a).