The disparate impact theory of racial discrimination and the question of whether such claims can be brought under the Fair Housing Act have once again been brought to the doorstep of the Supreme Court of the United States. The case pits Mount Holly, NJ, against a citizens group that says the town’s redevelopment plan for their neighborhood would have a disparate impact on the mostly minority population of the area. The town prevailed in state court and in federal district court, but the Third Circuit appeals court ruled...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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