Perspective
Oct. 14, 2015
Can lenders consider a borrower's marital status?
Last week, on the first day of the Supreme Court's new term, the justices heard argument in a case which could have surprisingly broad implications for lenders and borrowers. By Angela E. Kleine
Last week, on the first day of the Supreme Court's new term, the justices heard argument in Hawkins v. Community Bank of Raymore, a case which could have surprisingly broad implications for lenders and borrowers.
The issue in Hawkins is whether the definition of "applicant" in the Equal Credit Opportunity Act includes guarantors, such that a spousal guarantor can enforce the statute's anti-discrimination provisions. The court's analysis and resolution of that question m...
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