Fair Housing
A Georgia lender who charges higher fees to buyers of properties in certain zip codes — without regard to borrower creditworthiness — may be engaging in:
AA. Sound geographic risk management
BB. Redlining or discriminatory lending based on neighborhood demographics✓ Correct
CC. Acceptable pricing based on property location factors
DD. Compliance with Community Reinvestment Act requirements
Explanation
Charging higher fees based solely on geographic location without creditworthiness justification — particularly if those neighborhoods are predominantly minority — is a form of redlining. This violates the Fair Housing Act and ECOA.
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