Bulletin re: social security disability income verification
The Consumer Financial Protection Bureau (Bureau) issues this compliance bulletin to remind
creditors of (1) their obligations under the Equal Credit Opportunity Act (ECOA) and its
implementing regulation, Regulation B, with respect to consideration of public assistance income;
and (2) relevant standards and guidelines regarding verification of Social Security Disability
Insurance (SSDI) and Supplemental Security Income (SSI) income (collectively, Social Security
disability income) received by mortgage applicants.
CFPB Bulletin 2014-03