Finance
Under federal law, a Wisconsin lender who engages in 'predatory lending' may face enforcement action under which law(s)?
AOnly state law
BTILA, ECOA, and the Fair Housing Act, as well as state consumer protection laws✓ Correct
COnly RESPA
DOnly the Wisconsin Consumer Act
Explanation
Predatory lending may violate multiple federal laws including TILA (deceptive terms), ECOA (discriminatory targeting), and the Fair Housing Act, as well as state consumer protection statutes.
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