The Equal Housing Lender Poster describes the requirements of FDIC-regulated banks under the federal Fair Housing Act and the Equal Opportunity Credit Act. The poster describes prohibited behavior under the Acts and provides information on whether to send a discrimination complaint.
The Fair Housing Act protects people from discrimination when they are renting, buying, or securing financing for any housing. Under the Act, consumers are protected from discrimination based on their race, color, religion, sex, disability, familial status, or national origin. The FDIC’s Fair Housing Act regulations prohibit insured banks from engaging discriminatory practices with regard to residential real estate-related transactions. Discrimination is prohibited in all aspects of residential real-estate related transactions, including, but not limited to:
- Making loans to buy, build, repair or improve a dwelling;
- Purchasing real estate loans;
- Selling, brokering or appraising residential real estate; and
- Selling or renting a dwelling.
The Equal Opportunity Credit Act prohibits banks from discriminating in any credit transaction on the basis of race, color, national origin, religion, sex, marital status, or age; because income is from public assistance; or because a right was exercised under the Consumer Credit Protection Act.
The Equal Housing Lender Poster must be posted by insured banks engaged in extending loans for the purposes of purchasing, constructing, improving, repairing, or maintaining a dwelling or any loan secured by a dwelling. It must be conspicuously displayed in a manner clearly visible to the general public entering the area, in a central location within the bank where deposits are received or where such loans are made. (12 CFR § 338.4).
Banks may alternately choose to post the HUD Fair Housing Poster (a.k.a. Equal Housing Opportunity Poster) in place of the Equal Housing Lender Poster (24 CFR 100.25(a)).