A regulator exam preparation raises a question about branch, office, and remote-work controls. Which action should the loan file reviewer recommend?
Correct Answer
B) Remove the protected-class or redlining factor
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 "Remove the protected-class or redlining factor".
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 "Remove the protected-class or redlining factor".
More Ethics & Fraud Questions
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