Alex is reviewing a mortgage file involving fair lending and ECOA — Disparate Impact. Which response best follows the governing rule?
Correct Answer
A) Review any neutral policy with discriminatory effect
fair lending requires equal treatment and credit-related standards without prohibited-basis discrimination. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Review any neutral policy with discriminatory effect".
Why This Is the Correct Answer
fair lending requires equal treatment and credit-related standards without prohibited-basis discrimination. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Review any neutral policy with discriminatory effect".
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