This is the fair lending quiz that I used:
When I gave the test at the end of the fair lending training, I had each person take a piece of paper and write True on the front and False on the back. Then as I asked each question, they were to hold up the paper to show the right answer. That way I could see instantly if I needed to further explain any Fair Lending concept.
These are all True/False
1. Bank loan officers must not make assumptions about a person's loan qualifications based on his or her appearance.
2. The bank can be held accountable for actions by third parties who provide us with loan aplications (dealers, mortgage brokers, etc.)
3. The only bank employees who have Fair Lending responsibilities are loan officers.
4. If a co-signer is needed for a loan, we may require that the spouse be the co-signer.
5. The Equal Credit Opportunity Act requires that a bank apply its credit guidelines fairly and impartially.
6. The bank can require more information from female applicants than from males.
7. Under certain conditions, the bank may ask questions about a person's religion.
8. The bank may deny a 30 year mortgage loan to a 65 year old applicant because he is "too old"
9. A loan can be refused if the applicant's only income is from social security.
10. Even if we don't have a written application, we can pull the credit report to let someone know their chances of approval.
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And where is Superman when I need him?