tanzo623 tanzo623

20-06-2024
Law

Answered

Multiple Choice

Respecting the diversity of borrowers is federal law. This applies to:

A. Banks and title companies only

B. Federal banks only

C. Only the Notary Signing Agent

D. Everyone in the lending process

Answer :

GinnyAnswer GinnyAnswer

20-06-2024

Final answer:

Federal law prohibits discrimination in lending based on various factors to ensure equal access to loans for house purchases.

Explanation:

In the United States, federal law prohibits discrimination in lending based on factors like age, race, sex, or marital status. This law ensures that all individuals have equal access to loans for buying houses. The regulation applies to everyone involved in the lending process, not just specific entities like banks or title companies.

Learn more about Federal lending laws here:

https://brainly.com/question/40719779

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