Quiz for B2B: Fair Lending

1. Which of the following are examples of prohibited bases for discrimination under Regulation B?

1. Disparate treatment occurs when individuals are treated differently based on a protected characteristic, whereas disparate impact refers to policies that apply equally to everyone but result in a disproportionate negative effect on a protected group.

1. Which of the following are examples of what examiners typically look for when reviewing a lender’s underwriting practices?

Under the FHA, which of the following are protected classes?

1. Which of the following are key requirements for advertising under the Fair Housing Act?

1. A lender refuses to provide loans in certain neighborhoods due to perceived risks, but this policy disproportionately affects minority communities. This situation could raise concerns about redlining, where lending is unfairly denied based on geographic location, and disparate impact, where a neutral policy disproportionately harms a protected group.

1. Which of the following are types of discrimination in lending?

1. Refusing to provide credit or services in certain neighborhoods based on racial or ethnic composition is an example of what?

1. Examiners use comparative file reviews to detect disparities in how different groups are treated in the lending process.

1. UDAAP violations often overlap with Fair Lending, particularly in deceptive marketing, discriminatory pricing, or unfair loan terms.