Posted By: OnTheEdge
Fair Housing Act - 02/28/19 05:06 PM
Some how I have convinced myself that under Fair Housing Act Marital Status is required in most all cases even for HELOCs. We are not a HMDA reporter and I am familiar with Reg B's requirements.I know HELOC's don't require gov't monitoring info, but as I said I just think marital status info should be collected for all consumer real estate transactions. Agree/Disagree?
Posted By: rlcarey
Re: Fair Housing Act - 02/28/19 08:08 PM
What portion of the Fair Housing Act are you referring to.
Posted By: Reads Regs
Re: Fair Housing Act - 03/05/19 10:50 PM
There is no reference to marital status in HUD's regulations that implement the Fair Housing Act.
https://www.ecfr.gov/cgi-bin/text-idx?SI...se24.1.100_1110Certain national banks collect data pursuant to the following OCC regulation. It includes a reference to marital status.
https://www.ecfr.gov/cgi-bin/text-idx?SI...27&rgn=div5