Finance
Under the Federal Reserve's regulation of credit, Regulation B (Equal Credit Opportunity Act) prohibits lenders from:
ASetting interest rates based on creditworthiness
BAsking about race, color, religion, national origin, sex, marital status, or age in connection with a credit application✓ Correct
CRequiring income verification for mortgage applications
DSetting loan-to-value limits
Explanation
Regulation B implements ECOA and prohibits lenders from requesting or considering race, color, religion, national origin, sex, marital status, or age (with limited exceptions) in credit decisions. Creditworthiness factors like income, credit score, and DTI remain legitimate.
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