3/26/2023 0 Comments Equal housing lender logo![]() ![]() Although the OTS regulation does not mention oral advertising, in discussions with us they have indicated they want savings associations to follow the FDIC and Fed position.įirst published on BankersOnline.All written advertisements shall contain the Equal Housing Lender logo and legend.No savings association may directly or indirectly engage in any form of advertising that implies or suggests a policy of discrimination or exclusion.No advertisement shall contain any words, symbols, models, or forms of communication that express, imply, or suggest a discriminatory preference or policy of exclusion.Oral advertisements must state that the bank is an Equal Housing Lender.Written and visual advertisements must include the Equal Housing Lender logo and legend. ![]() No advertisement or other published statement shall indicate any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.The current state of fair housing advertising is as follows: Annual percentage rate the rate that reflects the actual annual cost of a loan and includes the loan interest rate, private mortgage insurance, points and some fees, including origination fees. Historically, HUD has mandated the use and size of the fair housing, or “outhouse,” logo. Equal Housing Lenderwe do business in accordance with the Federal Fair Housing Law and the Equal Housing Opportunity Act. The authority for fair housing requirements in credit advertising is the Fair Housing Act. That said, it is not an OCC requirement but is a best practice.Īdvertising. Housing related advertising should have the disclosure. ![]()
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