Alex is reviewing a mortgage file involving fair lending enforcement and Fair Housing Act / ECOA. Which response best follows the governing rule?
Correct Answer
D) Document a legitimate, nondiscriminatory reason
fair-lending review looks for discriminatory treatment, disparate impact, and redlining risks. 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 "Document a legitimate, nondiscriminatory reason".
Why This Is the Correct Answer
fair-lending review looks for discriminatory treatment, disparate impact, and redlining risks. 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 "Document a legitimate, nondiscriminatory reason".
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