Indigo receives conflicting instructions about Fair Housing Act compliance Act compliance. Which instruction should control?
Correct Answer
C) 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".
More Federal Laws Questions
During intake, a borrower sends a written request for information to the servicer-designated address. What is the best compliant response?
Parker is training a new MLO on Fair Housing Act compliance Act compliance. Which statement is accurate?
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A branch manager asks about a loan file because a compliance analyst asks why covered mortgage application data is collected. What should happen?
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