Finance
Which federal law prohibits discrimination in mortgage lending based on race, color, religion, national origin, sex, disability, or familial status?
ARESPA
BTILA
CThe Equal Credit Opportunity Act (ECOA)
DThe Fair Housing Act✓ Correct
Explanation
The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) prohibits discrimination in the terms and conditions of mortgage lending (as well as sale and rental) based on protected classes. ECOA also prohibits credit discrimination but on different protected bases.
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