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#1750395 - 10/18/12 06:03 PM Religious materials
Poohie Offline
100 Club
Joined: Jan 2006
Posts: 200
USA
Is there an ECOA problem for lenders to distribute religious materials to loan applicants?

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Lending Compliance
#1750399 - 10/18/12 06:05 PM Re: Religious materials Poohie
Gatorgirl Offline
Member
Joined: Jun 2007
Posts: 55
Florida
Why would you allow this? I would think the board, which probably has mixed religious beliefs, would not want an employee pushing thier religion on potential customers. just saying...

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#1750401 - 10/18/12 06:06 PM Re: Religious materials Poohie
RR Joker Offline
10K Club
RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
Agree...and could be preceived as discrimination against every other type of religion.

Religion and politics do not belong inside the bank, in my honest opinion.
_________________________
My opinion only. Not legal advice.

Say you'll haunt me - Stone Sour

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#1750417 - 10/18/12 06:25 PM Re: Religious materials RR Joker
Comply 101 Offline
Platinum Poster
Comply 101
Joined: Jul 2001
Posts: 708
Yes, it is a problem. If the borrower isn't of the religion be touted, it could be assumed the borrower may feel unwelcome to proceed.
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CRCM CAMs

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#1750434 - 10/18/12 06:44 PM Re: Religious materials Poohie
Poohie Offline
100 Club
Joined: Jan 2006
Posts: 200
USA
Is there an ECOA violation under 202.4(b)?

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#1750440 - 10/18/12 06:58 PM Re: Religious materials Poohie
RR Joker Offline
10K Club
RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
In my opinion....yes.
_________________________
My opinion only. Not legal advice.

Say you'll haunt me - Stone Sour

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#1750510 - 10/18/12 08:29 PM Re: Religious materials RR Joker
Doug Hendrickson Offline
Power Poster
Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
It's my opinion as well that it would be a violation.
_________________________
I hear and I forget. I see and I remember. I do and I understand.--Confucius

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