Requirements""12 CFR 202.2, 202.4, 202.5, 202.6, and 202.13 say that a creditor may not request information about an application's race, color, religion, national origin, or gender except as specifically permitted by ____________or another statute such as the Home Mortgage Disclosure Act.
A creditor may not request information about an application's race, color, religion, national origin, or gender except as specifically permitted by Regulation B or another statute such as the Home Mortgage Disclosure Act. Regulation B (12 CFR 202) governs the Equal Credit Opportunity Act (ECOA), which is focused on preventing discrimination in credit transactions.
Regulation B (12 CFR 202) governs equal credit opportunity, and it outlines the requirements regarding the collection of information related to an applicant's race, color, religion, national origin, or gender.