12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

Most recently amended Aug. 29, 2023

Regulation B protects applicants from discrimination in any aspect of a credit transaction.

On July 31, 2023, the U.S. District Court for the Southern District of Texas ordered the CFPB not to implement or enforce the small business lending rule against plaintiffs in Texas Bankers Ass'n, et al. v. CFPB, et al., No. 7:23-cv-00144, and their members. That order, a copy of which is available here , stays all deadlines for compliance with the small business lending rule for plaintiffs in that case and their members.

Credit transactions and aspects of credit transactions include:

Consumer credit
Business credit
Mortgage loans
Refinancing
Open-end credit
Credit applications
Standards of creditworthiness
Denial of credit
Servicing and collection
Revocation, alteration, or termination of credit

The regulation covers topics such as:

Discrimination
Discouragement
Notification of action taken (including adverse action)
Appraisal and other written valuations
Special purpose credit programs
Limitation on collection certain protected information
Self-testing and self-correction
Evaluation of applications
Signature requirements
Mandatory information collection for monitoring purposes

Additional resources

Consumer FAQs

Credit discrimination

Other resources

Mortgage Appraisal and Other Written Valuations Under ECOA Compliance Resources

ECOA Compliance Resources

User notice

The Bureau launched this resource to provide an easier-to-navigate electronic format for many of its Regulations. This resource is not an official legal edition of the Code of Federal Regulations or the Federal Register, and it does not replace the official versions of those publications. The Bureau has made every effort to ensure the material presented in this resource is accurate; if you are relying on it for legal research, please consult the official editions of those sources to confirm your findings.