I closed on a house today where the buyer was asked by BANK OF AMERICA about their future child plans! Not if the wife was pregnant now, but FUTURE plans. This is a young couple moving from their first to second home. At the last minute, the underwriter (of course) requested several more forms and more information. Okay, normal. But one question they asked the … (0 comments)
This scenario is an ECOA violation!!! IT IS NOT LEGAL! Keep in mind, that Loan officers who work for banks and their subsidiaries are not currently required to be licensed. Be wise and choose to work with licensed professionals. 
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