Fair Lending


ROUNDPOINT LLC-3 conducts all lending activities in a manner consistent with federal and state fair lending laws. We treat all existing and prospective customers fairly and consistently throughout the loan lifecycle, without regard to any characteristic or basis prohibited by law.

Federal fair lending laws include the Fair Housing Act and the Equal Credit Opportunity Act. Other laws and regulations, including those at the state or local level, contain additional prohibited bases, including, for example, military and veteran status, and sexual orientation or gender identity.


Fair Housing Act
The Fair Housing Act (“FH Act”) is part of the Civil Rights Act of 1968. The FH Act expressly prohibits discrimination in every aspect of a residential real estate-related transaction, including the following:

• Making loans to buy, build or repair a dwelling
• Purchasing real estate loans
• Selling, brokering or appraising residential real estate
• Selling or renting a dwelling

The FH Act prohibits discrimination based on any of the factors listed below:

• Race or color
• Religion
• National origin
• Sex (including sexual orientation and gender identity)
• Handicap
• Familial status (which prohibits discrimination against households having children under the age of 18 living with a parent or legal custodian, pregnant women or individuals with legal custody of children under 18).


Equal Credit Opportunity Act

The Equal Credit Opportunity Act and Regulation B, its implementing regulation (together, “ECOA”), prohibit discrimination in any aspect of a credit transaction against any applicant based on any of the following factors:

• Race or color
• Religion
• National origin
• Sexual orientation or gender identity 
• Marital status
• Age (provided the applicant is old enough and has the capacity to enter into a contract)
• Receipt of income from any public assistance program
• An exercise in good faith of a right under the federal Consumer Credit Protection Act or state law counterpart

As a residential mortgage lender, ROUNDPOINT LLC-3 is subject to both the FH Act and ECOA.


State Law
Other laws and regulations, including those at the state or local level, contain additional prohibited bases, including, for example, military and veteran status or sexual orientation and gender identity.


ECOA Notice
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex (including sexual orientation and gender identity), marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.