Are there any regulations or guidelines on the contents of advertising by Mortgage Brokers specifically with respect to possible discriminatory advertising?
Both federal and Maryland (or another State) law will govern the content of advertising by a mortgage broker. As to federal law, the federal Fair Housing Act prohibits discrimination in advertising. See 42 USC 3604(c) and 3605 (http://www4.law.cornell.edu/uscode/html/uscode42/usc_sec_42_00003604—-000-.html). I also suggest that a mortgage broker consider the advertising rules in the federal Truth in Lending Act regulations, found at 12 CFR 226.24 (http://a257.g.akamaitech.net/7/257/2422/01jan20061500/edocket.access.gpo.gov/cfr_2006/janqtr/12cfr226.24.htm).
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