A mortgage file is paused during a lock-desk handoff because of Fair Housing Act Redlining. Which answer should select the answer that fits the governing requirement?
Correct Answer
A) Remove the redlining or disparate-treatment practice
Mortgage terms and treatment cannot discriminate or redline on protected-class grounds. The best answer is "Remove the redlining or disparate-treatment practice".
Why This Is the Correct Answer
Mortgage terms and treatment cannot discriminate or redline on protected-class grounds. The best answer is "Remove the redlining or disparate-treatment practice".
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A risk reviewer is resolving Flood Insurance Requirements during a loan-team coaching session. Which action best fits the rule?
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Before the team acts on a branch training session, a quality-control reviewer must address TILA TRID Loan Estimate. Which response is most defensible?