Fair Housing Act for Banks

The Act was originally adopted as part of the Civil Rights Act of 1968, and it was subsequently broadened in 1988 to prohibit discrimination when renting or buying a home, acquiring a mortgage, seeking housing assistance or engaging in other housing-related activities, regardless of a person’s protected class.

This course will discuss the prohibitions under the Fair Housing Act as it relates to credit applications, disclosure and information collection requirements that bank must follow, and enforcement of the laws.

This course is intended for lending, compliance, and marketing personnel.

Learning Objectives:

• Understand the purpose of the Fair Housing Act
• List what the prohibited bases are
• Ensure your advertisements contain the appropriate disclosures
• Collect the required monitoring information
• Compare how the Fair House Act relates to Fair Lending

Course Outline:

• Fair Housing Act Prohibitions
• Disclosure and Monitoring Information
• Advertising
• Enforcement
• Relationship to Fair Lending

Rev–May. 2021. Course length ≈ 20 minutes. This course is worth 0.5 CPE credits.