Are we required to accept income from a non-borrowing, working spouse when a non-working spouse applies for a loan?
Example: Wife works, makes $50k a year. Funds go to a joint account with husband. Husband wants a credit card, but has no income. He states that he has access to his wife's $50k a year. I know that Reg Z allows us to do this, but I don't see that it compels us to do that.
Are we violating any fair lending concerns if we do NOT consider income from a non-borrowing, working spouse? If we require them to be a co-signer, is that an issue?