The Justice Department and the Consumer Financial Protection Bureau recently announced they filed a statement of interest to explain the application of the Fair Housing Act (FHA) and the Equal Credit Opportunity Act (ECOA) to lenders relying on discriminatory home appraisals.

The statement of interest was filed in Connolly, et al. v. Lanham, et al., a lawsuit pending in the U.S. District Court for the District of Maryland alleging an appraiser and a lender violated FHA and ECOA policies.

Read on to learn more.