Equal Credit Opportunity Act of 1974 Flashcards
1
Q
ECOA = Equal Credit Opportunity Act 1974 can not discriminate on A Marital Status B Age C Public Assistance D All of the above
A
D All of the above
2
Q
Community Reinvestment ACT CRA:
A Established in 1977
B Applies to lenders
C. Must lend in their own community
D all of the above
A
D all of the above
3
Q
True or False Community Reinvestment ACT CRA of 1977 stopped the practice of redlining.
A
True
4
Q
3 Cannons of Professional Ethics
A Fidelity
B Integrity
C Competence
D All of the above
A
D All of the above