Housing Groups Sue To Block CFPB’s ECOA Overhaul

Fair housing and fair lending organizations filed suit on May 27 against the Consumer Financial Protection Bureau and Acting Director Russell Vought, seeking to block a controversial rule that would reshape how fair lending is enforced under the Equal Credit Opportunity Act.The plaintiffs, including the National Fair Housing Alliance, Rise Economy, BLDS LLC, and SolasAI, filed the complaint in the U.S. District Court for the District of Columbia.