I think what America wants is to only be able to bring lawsuits against discrimination when there was, in fact, intentional discrimination, not just because, at the end result from some statistics, some may believe that there was discrimination. If there was intentional discrimination, this amendment does not do anything that would prevent the Justice Department from proceeding. I would like to enter into the Record support for legislation from a number of organizations, including the Consumer Mortgage Coalition, Credit Union National Association, National Association of Federal Credit Unions, and also NAMIC, PCI, and American Insurance Association, which in part states: All 50 States have a strong and comprehensive antidiscrimination regulatory regime, including definitions of unacceptable conduct and full panoply of enforcement tools that includes rate approval, license revocation, and fines. There is no evidence that these regimes are insufficient. Furthermore, they state: Under the disparate impact theory, even when a lender takes every step to prevent discrimination and treats all consumers fairly and equally, a neutral policy can serve as a basis for very serious and harmful results.…
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