Federal legislation intended to eliminate mortgage redlining includes:

• A. The Equal Credit Opportunity Act
• B. The Home Mortgage Disclosure Act
• C. All of these
• D. The Fair Housing Act

Answer: (C)

Redlining involves denying or restricting mortgage lending in certain neighborhoods based on location or the characteristics of the people who live there, not on creditworthiness. To stop it, laws address both discrimination and the data that reveals discriminatory patterns. The Equal Credit Opportunity Act bars discrimination in any credit transaction against protected classes, ensuring loan decisions aren’t based on where someone lives or who they are. The Home Mortgage Disclosure Act requires lenders to report detailed loan data, including geography and borrower demographics, so regulators can spot and address patterns of unfair lending. The Fair Housing Act prohibits discrimination in housing-related activities, including financing, and also covers discriminatory lending practices. Together, these laws cover prohibiting discriminatory practices, providing mechanisms to enforce those prohibitions, and supplying the data needed to detect redlining, making all of them part of the effort to eliminate mortgage redlining.