Fair Housing

In New York, which of the following acts supplements the Fair Housing Act by prohibiting discrimination in the extension of credit for housing?

AThe Real Estate Settlement Procedures Act (RESPA)
BThe Equal Credit Opportunity Act (ECOA) and the Home Mortgage Disclosure Act (HMDA)✓ Correct
CThe Truth in Lending Act (TILA) only
DThe Community Reinvestment Act (CRA) only

Explanation

ECOA prohibits discrimination in credit transactions based on protected characteristics, and HMDA requires lenders to collect and report data on mortgage applications, helping to identify discriminatory lending. Both supplement the Fair Housing Act's housing credit provisions.

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