Prohibits creditors from discriminating against credit applicants on the basis of

• Age, race, color, religion, national origin, sex, marital status,
• The fact that the applicant has, in good faith, exercised a right under the Consumer Credit Protection Act, or
• The fact that the applicant receives all or part of his income from public assistance programs

Establishes guidelines for gathering and evaluating
credit information

Imposes timing requirements for communicating action on an application for credit  different rules for individuals and small businesses

Requires creditor to supply a copy of the appraisal, or a notice of the right to receive a copy of the appraisal, on loans that would be secured by a dwelling

Requires written notification when credit is denied

Define "clear and conspicuous" disclosures and establish a more uniform disclosure standard among the Board's consumer regulations  comments due 1.30.04

Eliminate certain interim rules that were never made final and to clarify when electronic disclosures must be made in connection with electronic applications 
comments due 6.21.07

Simplify the Board's rules by withdrawing certain portions of the E-Sign Act, withdraw undue burdens and retain certain provisions regarding guidance on the use of electronic disclosure

There have been no recent amendments to Regulation B

Index

Appendices

Commentary and Guidance