Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
Key issues for the US banking sector
Simultaneously, banks are challenged to address transformative issues such as artificial intelligence and escalating cyber threats, while maintaining vigilant...