A mortgage team asks a branch supervisor about Fair Housing Act compliance during a file review. Which answer should guide the file?
Correct Answer
D) Apply neutral standards without protected-class discrimination
Mortgage terms and treatment cannot discriminate or redline on protected-class grounds. The best answer is "Apply neutral standards without protected-class discrimination".
Why This Is the Correct Answer
Mortgage terms and treatment cannot discriminate or redline on protected-class grounds. The best answer is "Apply neutral standards without protected-class discrimination".
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A supervisory file review raises a question about Fair Housing Act compliance. Which action should the licensing coordinator recommend?
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A mortgage file is paused during a lock-desk handoff because of Fair Housing Act. Which answer should separate the real requirement from a near-miss shortcut?