Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

American Bankers Association Exam CRCM Topic 7 Question 64 Discussion

Actual exam question for American Bankers Association's CRCM exam
Question #: 64
Topic #: 7
[All CRCM Questions]

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.

Show Suggested Answer Hide Answer
Suggested Answer: B

by Lashon at Jan 10, 2023, 07:33 AM

Limited Time Offer

25%

Off

Get Premium CRCM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Avery
20 days ago
Regulation B, no doubt. Can't have the bank prying into our religious affiliations or favorite color. That's just common sense.
upvoted 0 times
...
Quentin
1 months ago
Wait, is this a trick question? I bet the answer is Regulation B, because who wants the government knowing all our personal details, am I right?
upvoted 0 times
Izetta
8 days ago
A) Regulation B
upvoted 0 times
...
...
Carylon
1 months ago
Hmm, let me think... Ah, got it! Regulation B is the one that governs this kind of information disclosure. Nailed it!
upvoted 0 times
Gail
4 days ago
That's correct! Regulation B is the one that governs this type of information disclosure.
upvoted 0 times
...
Maryann
14 days ago
A) Regulation B
upvoted 0 times
...
...
Felix
1 months ago
Ugh, I always get these fair lending regulations mixed up. But Regulation B is the clear winner here - can't go wrong with the big B!
upvoted 0 times
...
Tom
2 months ago
I love these tricky regulatory questions. Gotta stay on top of those CFR sections, am I right? Regulation B is the one that's got our backs on this one.
upvoted 0 times
Ria
10 days ago
C) Regulation Z
upvoted 0 times
...
Anastacia
24 days ago
That's right! Regulation B is the one that allows creditors to request certain information about an applicant's race, color, religion, national origin, or gender.
upvoted 0 times
...
Jolene
1 months ago
A) Regulation B
upvoted 0 times
...
...
Carlee
2 months ago
Ah, the delicate balance of privacy and transparency in lending practices. Regulation B is definitely the answer here - it's the one that sets the rules for fair lending.
upvoted 0 times
...
Kimbery
2 months ago
I agree with Matthew, Regulation B prohibits creditors from discriminating against applicants based on race, color, religion, national origin, or gender.
upvoted 0 times
...
Matthew
2 months ago
I think it's A) Regulation B because Regulation B deals with equal credit opportunity.
upvoted 0 times
...
Tomoko
2 months ago
A) Regulation B
upvoted 0 times
...

Save Cancel