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REDLINING & INCOME DISCRIMINATION: Regulator finds 'significant violations' in two key areas of credit transactions.

Authors :
MOSS, VALERIE Y.
Source :
Credit Union Magazine; Winter2020, Vol. 86 Issue 5, p38-40, 3p
Publication Year :
2020

Abstract

The article discusses the Equal Credit Opportunity Act and Reg B prohibit discrimination with respect to any aspect of a credit transaction on the basis of race, sex, marital status, and age. Topics include covers acts or practices directed at prospective applicants has discouraged a reasonable person, on a prohibited basis, from applying for credit; and displaying photos of white mortgage professionals in all open house marketing materials.

Details

Language :
English
ISSN :
00111066
Volume :
86
Issue :
5
Database :
Complementary Index
Journal :
Credit Union Magazine
Publication Type :
Periodical
Accession number :
147613242