Definition of Equal Credit Opportunity Act:

Equal Credit Opportunity Act (ECOA) in Orange County, California:

A federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. This is also a document that is required to be signed by the borrower if they are taking out a mortgage on the home as part of RESPA and HUD Requirements.


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