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Fair lending concerns

Question: 
Aren’t fair lending concerns limited to mortgage loans?
Answer: 

Fair lending violations can involve either the Equal Credit Opportunity Act or the Fair Housing Act. ECOA applies to all types of credit, including commercial credit.

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Learn more about Jack Holzknecht and Kimberly Boatwright's Compliance for Commercial Lenders webinar.

First published on 11/06/2022

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